Romano Brothers AND Company Purchases 4,575 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Romano Brothers AND Company lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,897 shares of the company’s stock after purchasing an additional 4,575 shares during the quarter. Romano Brothers AND Company’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,610,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Richardson Financial Services Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after buying an additional 110 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Friday. The stock has a market capitalization of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $153.16 and a 52-week high of $188.16. The stock’s 50 day moving average price is $180.54 and its two-hundred day moving average price is $176.04.

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).