Lionsbridge Wealth Management LLC Has $1.22 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lionsbridge Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,934 shares of the company’s stock after buying an additional 1,729 shares during the quarter. Lionsbridge Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,215,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Richardson Financial Services Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of 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 buying an additional 72 shares during the period. Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $180.04 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.16 and a 1 year high of $188.16. The business’s 50-day moving average is $180.54 and its 200-day moving average is $176.12. The company has a market capitalization of $60.30 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).