Saxon Interests Inc. Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Saxon Interests Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,779 shares of the company’s stock after purchasing an additional 515 shares during the period. Saxon Interests Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. raised 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 worth $29,000 after acquiring an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Richardson Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. Finally, Bristlecone Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $33,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

Shares of NYSEARCA:RSP opened at $180.26 on Friday. The stock has a market cap of $60.37 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s fifty day moving average is $180.70 and its 200 day moving average is $175.81. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.16 and a 52 week high of $188.16.

About Invesco S&P 500 Equal Weight ETF

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).