Grange Capital LLC Buys Shares of 35,639 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Grange Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,639 shares of the company’s stock, valued at approximately $6,245,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 6.5% of Grange Capital LLC’s portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RSP. Sandy Cove Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $222,000. Riversedge Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares during the last quarter. Blue Trust Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the last quarter. Brightwater Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $3,227,000. Finally, Montis Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

Shares of RSP stock opened at $182.19 on Friday. The firm has a 50-day moving average price of $180.39 and a 200 day moving average price of $176.57. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The company has a market capitalization of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).