TFB Advisors LLC Has $310,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TFB Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 38.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,965 shares of the company’s stock after buying an additional 546 shares during the period. TFB Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $310,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of RSP. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Salem Investment Counselors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $26,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. Core Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $38,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $44,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP traded up $0.59 during midday trading on Friday, hitting $169.37. 3,728,112 shares of the stock were exchanged, compared to its average volume of 6,427,495. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The business’s fifty day simple moving average is $161.68 and its two-hundred day simple moving average is $152.06. The company has a market capitalization of $47.88 billion, a PE ratio of 16.13 and a beta of 1.05.

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).