InTrack Investment Management Inc Grows Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

InTrack Investment Management Inc boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,261 shares of the company’s stock after buying an additional 649 shares during the quarter. InTrack Investment Management Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $574,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of RSP. Ironwood Wealth Management LLC. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after buying an additional 2,317 shares during the period. Renaissance Technologies LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $1,298,000. Hsbc Holdings PLC increased its stake in Invesco S&P 500 Equal Weight ETF by 69.6% in the second quarter. Hsbc Holdings PLC now owns 190,213 shares of the company’s stock worth $31,278,000 after purchasing an additional 78,065 shares during the period. XTX Topco Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $296,000. Finally, ProVise Management Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.3% during the second quarter. ProVise Management Group LLC now owns 15,476 shares of the company’s stock valued at $2,542,000 after purchasing an additional 915 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

NYSEARCA RSP opened at $180.04 on Friday. The stock has a market cap of $60.30 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16. The company’s 50-day moving average price is $180.54 and its 200-day moving average price is $175.95.

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).