Tanglewood Legacy Advisors LLC Invests $127,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tanglewood Legacy Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 727 shares of the company’s stock, valued at approximately $127,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. SJS Investment Consulting Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Finally, Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000.

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

NYSEARCA:RSP opened at $181.08 on Friday. The firm has a market capitalization of $60.65 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day simple moving average is $179.08 and its 200-day simple moving average is $177.88. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).