Verus Capital Partners LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Verus Capital Partners LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,977 shares of the company’s stock after acquiring an additional 315 shares during the period. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $346,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Beta Wealth Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after acquiring an additional 150 shares during the period. Sandy Cove Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $222,000. Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after acquiring an additional 33,861 shares during the period. Telos Capital Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after acquiring an additional 808 shares during the period. Finally, Van ECK Associates Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.18 on Friday. The stock has a 50 day moving average of $179.15 and a 200 day moving average of $178.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a market cap of $74.90 billion, a PE ratio of 21.37 and a beta of 1.07.

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).