Stonegate Investment Group LLC Invests $855,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stonegate Investment Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,879 shares of the company’s stock, valued at approximately $855,000.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares during the last quarter. Citigroup Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 10.6% during the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after acquiring an additional 198,793 shares during the period. Lbmc Investment Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after acquiring an additional 4,262 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.3% in the third quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock valued at $237,365,000 after acquiring an additional 29,620 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

NYSEARCA:RSP opened at $181.41 on Wednesday. The firm has a market capitalization of $60.76 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16. The stock has a 50 day moving average of $180.40 and a 200-day moving average of $176.85.

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).