Investment House LLC Purchases 8,217 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Investment House LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,091 shares of the company’s stock after acquiring an additional 8,217 shares during the period. Investment House LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,956,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $201.62 on Wednesday. The firm has a 50-day moving average of $198.01 and a 200-day moving average of $196.13. Invesco S&P 500 Equal Weight ETF has a one year low of $173.00 and a one year high of $205.53. The company has a market cap of $86.98 billion, a PE ratio of 20.10 and a beta of 0.92.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.