Harbor Advisory Corp MA Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Harbor Advisory Corp MA acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 26,661 shares of the company’s stock, valued at approximately $4,672,000. Invesco S&P 500 Equal Weight ETF comprises about 1.5% of Harbor Advisory Corp MA’s portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after buying an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $83,931,000. Penserra Capital Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after buying an additional 465,623 shares in the last quarter. Finally, First Interstate Bank boosted its position in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the third quarter. First Interstate Bank now owns 379,553 shares of the company’s stock valued at $68,001,000 after buying an additional 363,899 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.75 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16. The firm has a market capitalization of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average price is $179.49 and its two-hundred day moving average price is $177.69.

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).