TigerOak Management L.L.C. Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TigerOak Management L.L.C. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,447 shares of the company’s stock after purchasing an additional 3,953 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.7% of TigerOak Management L.L.C.’s holdings, making the stock its 9th biggest holding. TigerOak Management L.L.C.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,007,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Financial Group Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Bridge Generations Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Joseph Group Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. OLD Second National Bank of Aurora acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $31,000. Finally, Mattson Financial Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $35,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7%

RSP opened at $178.88 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The stock has a market capitalization of $70.89 billion, a PE ratio of 20.10 and a beta of 0.99. The firm has a 50-day moving average price of $174.32 and a two-hundred day moving average price of $175.25.

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).