Ellis Investment Partners LLC Acquires 105 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ellis Investment Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,886 shares of the company’s stock after acquiring an additional 105 shares during the quarter. Ellis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $330,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the period. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Richardson Financial Services Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in 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. Finally, GHP Investment Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in 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.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $181.08 on Monday. The firm’s fifty day moving average is $179.08 and its two-hundred day moving average is $177.93. The firm has a market cap of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

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).