Aptus Capital Advisors LLC Buys 112,948 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Aptus Capital Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 565,821 shares of the company’s stock after purchasing an additional 112,948 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Aptus Capital Advisors LLC’s portfolio, making the stock its 26th largest position. Aptus Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $108,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12. The firm has a market capitalization of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company’s 50 day moving average price is $203.40 and its two-hundred day moving average price is $198.74.

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.