Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by LTG Capital LLC

LTG Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 31.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 148,293 shares of the company’s stock after purchasing an additional 35,515 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 22.1% of LTG Capital LLC’s portfolio, making the stock its biggest position. LTG Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in RSP. NBZ Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $33,000. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $35,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

Invesco S&P 500 Equal Weight ETF stock opened at $210.83 on Friday. The firm has a market capitalization of $90.95 billion, a P/E ratio of 20.10 and a beta of 0.91. The stock has a fifty day moving average price of $201.24 and a 200 day moving average price of $197.81. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week 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.