St. Louis Trust Co Has $1.91 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

St. Louis Trust Co boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 108.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,972 shares of the company’s stock after purchasing an additional 5,197 shares during the period. St. Louis Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,910,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. New England Private Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. New England Private Wealth Advisors LLC now owns 52,573 shares of the company’s stock valued at $10,071,000 after purchasing an additional 293 shares during the last quarter. Banta Asset Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $1,654,000. EverSource Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 28.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 10,817 shares of the company’s stock valued at $2,072,000 after purchasing an additional 2,416 shares during the last quarter. Karras Company Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $16,530,000. Finally, Advisory Alpha LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 83.6% during the fourth quarter. Advisory Alpha LLC now owns 8,044 shares of the company’s stock worth $1,541,000 after acquiring an additional 3,663 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

Shares of RSP stock opened at $206.58 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $173.00 and a 12-month high of $206.97. The company has a market capitalization of $89.12 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a 50 day moving average price of $198.46 and a two-hundred day moving average price of $196.43.

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). 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.