Morgan Dempsey Capital Management LLC Purchases 883 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Morgan Dempsey Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 135.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,537 shares of the company’s stock after purchasing an additional 883 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $269,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Pettinga Financial Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $529,000. Stephens Inc. AR grew its position in shares of Invesco S&P 500 Equal Weight ETF by 26.8% during the 3rd quarter. Stephens Inc. AR now owns 63,496 shares of the company’s stock worth $11,376,000 after buying an additional 13,414 shares during the period. Principal Securities Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.4% during the 3rd quarter. Principal Securities Inc. now owns 24,117 shares of the company’s stock worth $4,321,000 after buying an additional 1,666 shares during the period. Hills Bank & Trust Co grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the 3rd quarter. Hills Bank & Trust Co now owns 1,912 shares of the company’s stock worth $343,000 after buying an additional 92 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 6.8% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 112,906 shares of the company’s stock worth $20,228,000 after buying an additional 7,236 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP stock opened at $180.18 on Friday. The company has a market cap of $74.90 billion, a price-to-earnings ratio of 21.37 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 of $179.15 and a 200-day moving average of $178.92.

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).