Montis Financial LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Montis Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,152 shares of the company’s stock after acquiring an additional 14,378 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.8% of Montis Financial LLC’s investment portfolio, making the stock its 7th biggest position. Montis Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SJS Investment Consulting Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the period. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Van ECK Associates Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000. Finally, Roxbury Financial LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $172.66 on Friday. The stock has a market capitalization of $71.77 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. 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’s 50-day moving average price is $178.73 and its two-hundred day moving average price is $179.04.

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).