Silvercrest Asset Management Group LLC Purchases New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Silvercrest Asset Management Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,545 shares of the company’s stock, valued at approximately $621,000.

A number of other hedge funds also recently bought and sold shares of the business. Strategic Financial Concepts LLC increased its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% during 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 acquiring an additional 8,451,521 shares during the last quarter. Texas Permanent School Fund Corp increased its position in Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after acquiring an additional 6,211,920 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $620,875,000. Invesco Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after acquiring an additional 2,338,882 shares during the last quarter. Finally, Bracebridge Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $250,001,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

RSP stock opened at $179.50 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The stock has a market capitalization of $73.56 billion, a price-to-earnings ratio of 20.59 and a beta of 1.00. The firm’s fifty day simple moving average is $169.35 and its two-hundred day simple moving average is $176.38.

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).