Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Jackson Grant Investment Advisers Inc.’s 2nd Largest Position

Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 144,950 shares of the company’s stock after acquiring an additional 2,001 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 9.8% of Jackson Grant Investment Advisers Inc.’s holdings, making the stock its 2nd biggest position. Jackson Grant Investment Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,400,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.35 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $156.16 and a one year high of $188.16. The company has a market cap of $60.74 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average of $180.00 and a two-hundred day moving average of $177.34.

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).