Caprock Group LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Caprock Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,332 shares of the company’s stock after buying an additional 1,665 shares during the quarter. Caprock Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,464,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Common Fund For Nonprofit Organizations purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $10,001,000. New England Asset Management Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $5,236,000. Wharton Business Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 46.1% during the third quarter. Wharton Business Group LLC now owns 278,708 shares of the company’s stock worth $49,933,000 after purchasing an additional 87,970 shares during the last quarter. First Western Trust Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $30,290,000. Finally, MAI Capital Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the third quarter. MAI Capital Management now owns 443,205 shares of the company’s stock worth $79,405,000 after purchasing an additional 21,612 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $181.18 on Wednesday. The firm has a market capitalization of $60.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $144.83 and a 1-year high of $185.79. The company has a 50-day moving average of $179.05 and a 200 day moving average of $171.59.

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).