Invesco S&P 500 Equal Weight ETF $RSP is Graham Capital Wealth Management LLC’s 2nd Largest Position

Graham Capital Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,000.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,991 shares of the company’s stock after acquiring an additional 30,901 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 6.0% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Graham Capital Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,511,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. NBZ Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Tompkins Financial Corp purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $32,000. Finally, IMA Advisory Services Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $193.92 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24. The firm has a fifty day moving average of $198.09 and a 200 day moving average of $193.64. The firm has a market capitalization of $85.84 billion, a PE ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF Company Profile

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.