Hengehold Capital Management LLC Has $492,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hengehold Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 31.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,809 shares of the company’s stock after buying an additional 680 shares during the period. Hengehold Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $492,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of RSP. Sandy Cove Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $222,000. Riversedge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares during the last quarter. Blue Trust Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the period. Brightwater Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $3,227,000. Finally, Montis Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $182.35 on Friday. The company has a 50-day simple moving average of $180.36 and a 200-day simple moving average of $176.40. The firm has a market capitalization of $61.08 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16.

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).