ST Germain D J Co. Inc. Has $2.91 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

ST Germain D J Co. Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2,891.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,600 shares of the company’s stock after buying an additional 16,045 shares during the period. ST Germain D J Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,909,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $173.25 on Friday. The stock has a fifty day simple moving average of $180.89 and a 200 day simple moving average of $175.48. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.10 and a 12-month high of $188.16. The company has a market capitalization of $58.03 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).