Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Basso Capital Management L.P.

Basso Capital Management L.P. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 66,689 shares of the company’s stock after purchasing an additional 16,172 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 10.1% of Basso Capital Management L.P.’s holdings, making the stock its 3rd biggest position. Basso Capital Management L.P.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,686,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of RSP. SJS Investment Consulting Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $29,000. Finally, Hemington Wealth Management raised its position in Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after acquiring an additional 84 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $172.66 on Monday. The stock has a fifty day moving average price of $178.73 and a two-hundred day moving average price of $179.11. The stock has a market capitalization of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16.

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).