IFG Advisory LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IFG Advisory LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 45,200 shares of the company’s stock after buying an additional 764 shares during the quarter. IFG Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Moneta Group Investment Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after acquiring an additional 7,948,942 shares in the last quarter. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Citigroup Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 275.0% in the 3rd quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock worth $322,781,000 after purchasing an additional 1,670,580 shares during the period. Bank of New York Mellon Corp grew its position in Invesco S&P 500 Equal Weight ETF by 70.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after purchasing an additional 1,545,894 shares during the period. Finally, Chai Trust Co. LLC grew its position in Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 1.6 %

NYSEARCA:RSP opened at $168.78 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $168.79. The company has a market cap of $47.71 billion, a PE ratio of 16.13 and a beta of 1.05. The company has a 50 day simple moving average of $161.09 and a two-hundred day simple moving average of $151.82.

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).