WealthBridge Capital Management LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

WealthBridge Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.4% during the 4th quarter, Holdings Channel reports. The fund owned 105,248 shares of the company’s stock after purchasing an additional 3,422 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 5.1% of WealthBridge Capital Management LLC’s holdings, making the stock its 2nd largest position. WealthBridge Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Finally, Lbmc Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after purchasing an additional 4,262 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2 %

Shares of RSP opened at $182.84 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The stock has a fifty day moving average price of $179.00 and a 200-day moving average price of $178.17. The firm has a market cap of $61.24 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).