one8zero8 LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

one8zero8 LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, Holdings Channel reports. The fund purchased 9,184 shares of the company’s stock, valued at approximately $1,609,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Keene & Associates Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after acquiring an additional 56 shares during the period. Beaumont Financial Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares during the period. Ingalls & Snyder LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after acquiring an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after acquiring an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $172.66 on Friday. The company has a market capitalization of $71.93 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company’s fifty day moving average price is $178.73 and its 200 day moving average price is $179.07.

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).