41,707 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Bought by Prasad Wealth Partners LLC

Prasad Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,707 shares of the company’s stock, valued at approximately $7,308,000. Invesco S&P 500 Equal Weight ETF comprises 2.4% of Prasad Wealth Partners LLC’s holdings, making the stock its 16th biggest position.

Other hedge funds have also recently bought and sold shares of the company. BankPlus Trust Department acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $210,000. Rothschild Investment LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 28.4% during the fourth quarter. Rothschild Investment LLC now owns 36,593 shares of the company’s stock worth $6,412,000 after purchasing an additional 8,095 shares during the period. Crestwood Advisors Group LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 29.1% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,042 shares of the company’s stock valued at $358,000 after purchasing an additional 460 shares during the last quarter. Wharton Business Group LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. Wharton Business Group LLC now owns 282,853 shares of the company’s stock valued at $49,564,000 after purchasing an additional 4,145 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.0% in the fourth quarter. IFP Advisors Inc now owns 120,225 shares of the company’s stock worth $21,068,000 after buying an additional 7,912 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

NYSEARCA RSP opened at $179.97 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a fifty day simple moving average of $178.90 and a 200 day simple moving average of $178.65. The company has a market cap of $60.28 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).