Consolidated Investment Group LLC Buys 37,000 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Consolidated Investment Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 368,800 shares of the company’s stock after acquiring an additional 37,000 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 9.1% of Consolidated Investment Group LLC’s holdings, making the stock its 3rd biggest holding. Consolidated Investment Group LLC owned 0.11% of Invesco S&P 500 Equal Weight ETF worth $64,625,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Crescent Grove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $512,000. Marshall Financial Group LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Marshall Financial Group LLC now owns 28,278 shares of the company’s stock valued at $4,955,000 after buying an additional 882 shares during the last quarter. Andina Capital Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 37.7% in the 4th quarter. Andina Capital Management LLC now owns 7,592 shares of the company’s stock valued at $1,330,000 after acquiring an additional 2,078 shares during the last quarter. Duncan Williams Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $730,000. Finally, Precedent Wealth Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the fourth quarter. Precedent Wealth Partners LLC now owns 17,666 shares of the company’s stock valued at $3,096,000 after purchasing an additional 1,528 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $182.19 on Friday. The stock’s fifty day moving average is $180.39 and its two-hundred day moving average is $176.57. The firm has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16.

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).