Oak Harbor Wealth Partners LLC Has $3.76 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oak Harbor Wealth Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,480 shares of the company’s stock after acquiring an additional 1,938 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.1% of Oak Harbor Wealth Partners LLC’s holdings, making the stock its 23rd largest holding. Oak Harbor Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. lifted its stake 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 valued at $25,000 after buying an additional 88 shares during the period. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Van ECK Associates Corp lifted its stake 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 valued at $27,000 after buying an additional 78 shares during the period. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000. Finally, Roxbury Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $34,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $176.69 on Friday. The firm has a market cap of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The business’s 50 day moving average price is $179.07 and its two-hundred day moving average price is $179.07.

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).