Winebrenner Capital Management LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Winebrenner Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, Holdings Channel.com reports. The fund purchased 2,336 shares of the company’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the period. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $179.82 on Friday. The business’s 50 day moving average price is $178.98 and its 200-day moving average price is $178.23. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm has a market capitalization of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).