Invesco S&P 500 Equal Weight ETF $RSP is Capital Advisors Ltd. LLC’s 8th Largest Position

Capital Advisors Ltd. LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 118,726 shares of the company’s stock after buying an additional 4,321 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 2.5% of Capital Advisors Ltd. LLC’s investment portfolio, making the stock its 8th largest holding. Capital Advisors Ltd. LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,743,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Drucker Wealth 3.0 LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after buying an additional 55 shares during the last quarter. Strategies Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the last quarter. Battery Global Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the last quarter. Burns J W & Co. Inc. NY lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares during the last quarter. Finally, Melfa Wealth Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after buying an additional 57 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $193.92 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The firm has a market cap of $85.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm has a 50-day simple moving average of $198.09 and a two-hundred day simple moving average of $193.64.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.