Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Advisor Resource Council

Advisor Resource Council lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 234.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,547 shares of the company’s stock after acquiring an additional 50,858 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 5.0% of Advisor Resource Council’s portfolio, making the stock its 2nd largest holding. Advisor Resource Council’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,263,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. J.W. Cole Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 126.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock worth $6,384,000 after purchasing an additional 22,615 shares in the last quarter. TFB Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 38.5% during the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after buying an additional 546 shares during the period. Apexium Financial LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 111.6% in the 4th quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock worth $2,353,000 after acquiring an additional 7,864 shares in the last quarter. Roble Belko & Company Inc acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $263,000. Finally, Well Done LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the 4th quarter. Well Done LLC now owns 44,525 shares of the company’s stock worth $7,026,000 after acquiring an additional 197 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0 %

Shares of RSP traded up $0.07 during trading hours on Thursday, reaching $163.75. The company’s stock had a trading volume of 2,743,812 shares, compared to its average volume of 6,023,526. The company has a 50 day moving average of $164.77 and a two-hundred day moving average of $162.18. The firm has a market cap of $54.85 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

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).