Tidemark LLC Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tidemark LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,500 shares of the company’s stock, valued at approximately $237,000.

A number of other hedge funds have also added to or reduced their stakes in RSP. Castle Rock Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after purchasing an additional 70 shares during the period. Long Run Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock valued at $304,000 after buying an additional 70 shares during the period. Seelaus Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.7% during the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock valued at $1,674,000 after buying an additional 72 shares during the period. YHB Investment Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 3.5% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after buying an additional 75 shares in the last quarter. Finally, Sfmg LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.7% during the third quarter. Sfmg LLC now owns 2,896 shares of the company’s stock worth $410,000 after buying an additional 76 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded down $0.90 during midday trading on Thursday, hitting $166.29. 1,964,376 shares of the company traded hands, compared to its average volume of 6,214,093. The company has a market cap of $55.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The company’s 50-day simple moving average is $164.86 and its 200-day simple moving average is $158.52.

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).