Epiq Partners LLC Makes New $718,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Epiq Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, HoldingsChannel reports. The fund bought 4,242 shares of the company’s stock, valued at approximately $718,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealthcare Advisory Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 194.5% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 40,480 shares of the company’s stock worth $6,856,000 after purchasing an additional 26,736 shares during the period. Key Client Fiduciary Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.3% in the first quarter. Key Client Fiduciary Advisors LLC now owns 4,288 shares of the company’s stock worth $726,000 after buying an additional 95 shares during the period. Sunpointe LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 19.0% in the first quarter. Sunpointe LLC now owns 14,108 shares of the company’s stock valued at $2,390,000 after buying an additional 2,251 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at $200,000. Finally, Brookstone Capital Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 13.5% during the first quarter. Brookstone Capital Management now owns 40,069 shares of the company’s stock worth $6,786,000 after acquiring an additional 4,772 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $0.11 during trading hours on Thursday, reaching $163.85. The stock had a trading volume of 1,361,290 shares, compared to its average volume of 6,055,129. The firm has a 50-day simple moving average of $164.43 and a 200-day simple moving average of $161.86. The firm has a market capitalization of $54.88 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80.

Invesco S&P 500 Equal Weight ETF 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).