Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 122.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 49,614 shares of the company’s stock after buying an additional 27,336 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,694,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Beta Wealth Group Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares in the last quarter. Sandy Cove Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $222,000. Strategic Financial Concepts LLC grew its position in Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares in the last quarter. Telos Capital Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after purchasing an additional 808 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $176.69 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The stock has a market cap of $73.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. The firm’s 50 day moving average price is $179.07 and its two-hundred day moving average price 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).