Murphy & Mullick Capital Management Corp Has $541,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

Murphy & Mullick Capital Management Corp lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,181.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,820 shares of the company’s stock after acquiring an additional 2,600 shares during the quarter. Murphy & Mullick Capital Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $541,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $83,931,000. Bison Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% in 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $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 valued at approximately $279,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

NYSEARCA RSP opened at $208.89 on Wednesday. The stock has a market capitalization of $90.12 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $178.60 and a 12-month high of $214.30. The company has a 50 day moving average price of $205.52 and a two-hundred day moving average price of $199.80.

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). 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.