Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Raised by Atlantic Edge Private Wealth Management LLC

Atlantic Edge Private Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,934 shares of the company’s stock after buying an additional 1,177 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 3.1% of Atlantic Edge Private Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Atlantic Edge Private Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,977,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $180.73 on Tuesday. The firm has a market capitalization of $60.53 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $179.62 and a 200 day moving average price of $177.59. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16.

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).