SeaCrest Wealth Management LLC Acquires 113 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SeaCrest Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,543 shares of the company’s stock after purchasing an additional 113 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $796,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Richardson Financial Services Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake 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 valued at $29,000 after acquiring an additional 72 shares in the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $29,000. Finally, Riggs Asset Managment Co. Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The firm has a market capitalization of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average is $180.80 and its 200 day moving average is $175.79.

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).