Wick Capital Partners LLC Grows Position in Invesco S&P 500 Equal Weight ETF $RSP

Wick Capital Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.4% during the 4th quarter, HoldingsChannel reports. The firm owned 21,979 shares of the company’s stock after acquiring an additional 2,592 shares during the period. Wick Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after buying an additional 51 shares during the period. Pacific Point Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after buying an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares during the period. Finally, Battery Global Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $209.96 on Friday. The firm has a 50 day moving average price of $204.81 and a 200-day moving average price of $199.40. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $214.30. The firm has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). 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.