Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Ironsides Asset Advisors LLC

Ironsides Asset Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,242 shares of the company’s stock after purchasing an additional 64 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.9% of Ironsides Asset Advisors LLC’s holdings, making the stock its 16th biggest position. Ironsides Asset Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,197,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beta Wealth Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares in the last quarter. Ceera Investments LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $267,000. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $222,000. Permanent Capital Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $25,956,000. Finally, Strategic Financial Concepts LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after purchasing an additional 33,861 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9 %

Shares of NYSEARCA RSP opened at $172.66 on Friday. The stock has a market capitalization of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The firm has a 50-day moving average price of $178.73 and a 200 day moving average price of $179.07.

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).