Bcwm LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bcwm LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% during the 2nd quarter, Holdings Channel reports. The fund owned 31,420 shares of the company’s stock after purchasing an additional 2,385 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.9% of Bcwm LLC’s investment portfolio, making the stock its 19th biggest position. Bcwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,162,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. VitalStone Financial LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $303,000. Davis R M Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.8% during the 4th quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock valued at $2,104,000 after purchasing an additional 364 shares during the last quarter. Optimum Investment Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF by 95.5% during the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock valued at $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $434,000. Finally, Sepio Capital LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.4% in the fourth quarter. Sepio Capital LP now owns 207,238 shares of the company’s stock worth $32,702,000 after purchasing an additional 26,149 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %

RSP opened at $175.01 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $175.96. The business’s fifty day simple moving average is $170.04 and its 200-day simple moving average is $166.63. The company has a market capitalization of $58.62 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).