First City Capital Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,821 shares of the company’s stock after purchasing an additional 200 shares during the quarter. First City Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $29,000. Finally, Riggs Asset Managment Co. Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %
Shares of RSP traded up $1.62 during mid-day trading on Friday, reaching $176.34. The company’s stock had a trading volume of 3,460,857 shares, compared to its average volume of 6,165,699. The company’s fifty day moving average price is $181.16 and its two-hundred day moving average price is $175.06. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The stock has a market cap of $59.06 billion, a PE ratio of 20.44 and a beta of 0.90.
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).
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