Kowal Investment Group LLC Takes $1.39 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kowal Investment Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,177 shares of the company’s stock, valued at approximately $1,385,000.

Several other hedge funds also recently bought and sold shares of RSP. Castle Rock Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after acquiring an additional 70 shares in the last quarter. Long Run Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after buying an additional 70 shares in the last quarter. SignalPoint Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 4.2% in the 1st quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock valued at $293,000 after buying an additional 70 shares during the period. Seelaus Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after acquiring an additional 72 shares in the last quarter. Finally, YHB Investment Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the fourth quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after acquiring an additional 75 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

RSP traded down $1.26 on Monday, hitting $163.02. 5,188,922 shares of the company were exchanged, compared to its average volume of 6,055,531. The company has a market cap of $54.60 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a 50-day moving average price of $164.71 and a two-hundred day moving average price of $162.09. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80.

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).