Investment Research Partners LLC Boosts Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Investment Research Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,848 shares of the company’s stock after purchasing an additional 3,069 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.4% of Investment Research Partners LLC’s holdings, making the stock its 15th largest position. Investment Research Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brookstone Capital Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after buying an additional 6,481 shares during the period. Banta Asset Management LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $1,654,000. Allen Investment Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after buying an additional 35,220 shares during the period. Empirical Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% in the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after buying an additional 9,311 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $4,966,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $209.75 on Friday. The firm has a market cap of $90.49 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s fifty day moving average price is $203.02 and its two-hundred day moving average price is $198.65. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $210.95.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.