Dynasty Wealth Management LLC Buys 116,066 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Dynasty Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 70.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 280,574 shares of the company’s stock after buying an additional 116,066 shares during the period. Dynasty Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $53,747,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in RSP. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

RSP stock opened at $210.04 on Wednesday. The firm has a market cap of $90.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company’s fifty day simple moving average is $200.12 and its 200 day simple moving average is $197.36. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.93 and a 12-month high of $210.12.

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.