Leavell Investment Management Inc. Purchases 1,521 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Leavell Investment Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 74,137 shares of the company’s stock after acquiring an additional 1,521 shares during the period. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,991,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sandy Cove Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $222,000. Telos Capital Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after purchasing an additional 808 shares during the period. Riversedge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after purchasing an additional 2,206 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $180.75 on Wednesday. The stock’s 50 day simple moving average is $179.49 and its 200 day simple moving average is $177.69. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16. The company has a market cap of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).