TSG Advice Partners LLC Acquires 3,787 Shares of Invesco S&P 500 Equal Weight ETF $RSP

TSG Advice Partners LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,787 shares of the company’s stock, valued at approximately $806,000.

Several other hedge funds have also recently made changes to their positions in RSP. Weaver Consulting Group lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after purchasing an additional 48 shares during the last quarter. Sage Capital Advisors llc boosted its position in Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after purchasing an additional 48 shares during the period. Charis Legacy Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after purchasing an additional 49 shares during the period. Canvas Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after purchasing an additional 50 shares in the last quarter. Finally, Tenon Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock worth $1,079,000 after purchasing an additional 50 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

RSP opened at $219.98 on Tuesday. The company has a 50 day moving average of $215.02 and a 200 day moving average of $207.86. The company has a market cap of $101.01 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.

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). 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.