Redhawk Wealth Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,327 shares of the company’s stock after acquiring an additional 237 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,789,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $28,000. Richardson Financial Services Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. GHP Investment Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP stock opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The company has a market capitalization of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $180.80 and a two-hundred day moving average price of $175.79.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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