Ashton Thomas Private Wealth LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ashton Thomas Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 60.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,010 shares of the company’s stock after buying an additional 6,751 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,156,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in RSP. Strategic Financial Concepts LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $83,931,000. Penserra Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after acquiring an additional 465,623 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,116.1% during the third quarter. Kovitz Investment Group Partners LLC now owns 386,527 shares of the company’s stock valued at $64,951,000 after acquiring an additional 354,742 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

RSP opened at $176.69 on Friday. The firm has a market cap of $73.45 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The business’s fifty day simple moving average is $179.07 and its 200 day simple moving average is $179.07.

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).