Sunpointe LLC Buys 146 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sunpointe LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,320 shares of the company’s stock after acquiring an additional 146 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.6% of Sunpointe LLC’s holdings, making the stock its 15th largest position. Sunpointe LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RSP. Keene & Associates Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after acquiring an additional 56 shares in the last quarter. Beaumont Financial Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the last quarter. Ingalls & Snyder LLC grew its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after buying an additional 58 shares during the period. Boston Standard Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after acquiring an additional 61 shares during the period. Finally, CPA Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $182.84 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm has a fifty day moving average price of $179.00 and a 200-day moving average price of $178.17. The company has a market cap of $61.24 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).