SlateStone Wealth LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SlateStone Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,902 shares of the company’s stock after purchasing an additional 292 shares during the period. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,089,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in RSP. SJS Investment Consulting Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $26,000. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000. SOA Wealth Advisors LLC. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $76,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $90,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %

RSP traded up $1.65 during trading hours on Tuesday, hitting $162.68. The company’s stock had a trading volume of 2,506,464 shares, compared to its average volume of 6,607,367. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The firm has a market capitalization of $55.24 billion, a PE ratio of 20.43 and a beta of 0.93. The company has a 50-day simple moving average of $163.85 and a 200 day simple moving average of $154.63.

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).