Anchyra Partners LLC Invests $1.34 Million in Invesco S&P 500 Equal Weight ETF $RSP

Anchyra Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,972 shares of the company’s stock, valued at approximately $1,336,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. NBZ Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $26,000. Aviso Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $33,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $35,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $202.03 on Monday. The company has a market capitalization of $87.72 billion, a P/E ratio of 20.10 and a beta of 0.94. The stock’s 50 day moving average price is $198.02 and its 200 day moving average price is $194.68. Invesco S&P 500 Equal Weight ETF has a 52 week low of $165.39 and a 52 week high of $205.24.

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.