Curry Webb Wealth Management LLC Takes $1.37 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Curry Webb Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,131 shares of the company’s stock, valued at approximately $1,369,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Hurley Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period. Asset Dedication LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $36,000. Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $42,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $215.01 on Monday. The firm’s fifty day simple moving average is $211.72 and its two-hundred day simple moving average is $203.78. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $218.11. The stock has a market capitalization of $97.26 billion, a P/E 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.