Proficio Capital Partners LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Proficio Capital Partners LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 112,147 shares of the company’s stock, valued at approximately $19,652,000.

Several other institutional investors have also modified their holdings of RSP. Kovack Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. Kovack Advisors Inc. now owns 10,902 shares of the company’s stock worth $1,910,000 after purchasing an additional 1,367 shares during the period. Central Asset Investments & Management Holdings HK Ltd lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 132.5% in the fourth quarter. Central Asset Investments & Management Holdings HK Ltd now owns 45,800 shares of the company’s stock valued at $8,026,000 after purchasing an additional 26,100 shares in the last quarter. Schnieders Capital Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Schnieders Capital Management LLC now owns 3,508 shares of the company’s stock worth $615,000 after buying an additional 210 shares in the last quarter. Equity Investment Corp raised its position in Invesco S&P 500 Equal Weight ETF by 72.7% in the 4th quarter. Equity Investment Corp now owns 18,531 shares of the company’s stock valued at $3,247,000 after buying an additional 7,801 shares during the last quarter. Finally, GenTrust LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $25,668,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP opened at $180.18 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The stock has a market capitalization of $74.90 billion, a P/E ratio of 21.37 and a beta of 1.07. The company has a 50 day moving average of $179.15 and a 200-day moving average of $178.92.

Invesco S&P 500 Equal Weight ETF 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).