Horizon Kinetics Asset Management LLC Has $896,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Horizon Kinetics Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 64.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,115 shares of the company’s stock after buying an additional 2,012 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $896,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Pettinga Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $529,000. Thrivent Financial for Lutherans increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the third quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock valued at $2,957,000 after buying an additional 197 shares during the period. Equity Investment Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 286.7% during the third quarter. Equity Investment Corp now owns 10,730 shares of the company’s stock worth $1,922,000 after acquiring an additional 7,955 shares during the last quarter. MAI Capital Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the third quarter. MAI Capital Management now owns 443,205 shares of the company’s stock worth $79,405,000 after acquiring an additional 21,612 shares during the period. Finally, First Western Trust Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $30,290,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $174.99 on Tuesday. The company has a market capitalization of $72.90 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The company has a 50 day simple moving average of $178.71 and a two-hundred day simple moving average of $179.11.

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).