Balefire LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Balefire LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,669 shares of the company’s stock after acquiring an additional 8,582 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.3% of Balefire LLC’s portfolio, making the stock its 13th largest position. Balefire LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,450,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $11,553,000. Finally, Franklin Resources Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.9% during the second quarter. Franklin Resources Inc. now owns 87,633 shares of the company’s stock worth $15,926,000 after acquiring an additional 4,855 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.92 on Wednesday. The firm’s fifty day simple moving average is $199.38 and its 200-day simple moving average is $193.44. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The stock has a market capitalization of $79.59 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.