May Barnhard Investments LLC Makes New $225,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

May Barnhard Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,284 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $298,000. MGO Private Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $1,182,000. Commonwealth Equity Services LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,276,437 shares of the company’s stock valued at $223,670,000 after purchasing an additional 40,677 shares during the period. Stelac Advisory Services LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 19.3% in the fourth quarter. Stelac Advisory Services LLC now owns 45,327 shares of the company’s stock valued at $7,942,000 after purchasing an additional 7,347 shares during the period. Finally, Penobscot Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 23.0% in the fourth quarter. Penobscot Wealth Management now owns 2,475 shares of the company’s stock valued at $434,000 after purchasing an additional 462 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $169.43 on Friday. The firm has a market capitalization of $70.43 billion, a PE ratio of 21.37 and a beta of 1.07. The company’s 50-day moving average is $178.80 and its 200-day moving average is $179.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week 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).