Flagship Harbor Advisors LLC Acquires 9,909 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Flagship Harbor Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 583.9% 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 11,606 shares of the company’s stock after purchasing an additional 9,909 shares during the period. Flagship Harbor Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Ironwood Wealth Management LLC. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after buying an additional 2,317 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth $1,298,000. Thrivent Financial for Lutherans lifted its stake in Invesco S&P 500 Equal Weight ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 16,307 shares of the company’s stock valued at $2,679,000 after acquiring an additional 3,237 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 149.3% in the 2nd quarter. AQR Capital Management LLC now owns 20,882 shares of the company’s stock valued at $3,430,000 after acquiring an additional 12,507 shares during the period. Finally, Chicago Wealth Management Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.1% during the 2nd quarter. Chicago Wealth Management Inc. now owns 57,891 shares of the company’s stock worth $9,510,000 after purchasing an additional 1,184 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $182.19 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16. The company has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50-day simple moving average of $180.39 and a 200 day simple moving average of $176.66.

Invesco S&P 500 Equal Weight ETF Profile

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).