Rothschild Investment LLC Purchases 8,095 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rothschild Investment LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,593 shares of the company’s stock after acquiring an additional 8,095 shares during the quarter. Rothschild Investment LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,412,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of RSP. Beta Wealth Group Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th 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. Sandy Cove Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $222,000. Strategic Financial Concepts LLC boosted its stake 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 buying an additional 33,861 shares during the period. Telos Capital Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after buying an additional 808 shares during the period. Finally, Blue Trust Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %

NYSEARCA:RSP opened at $179.82 on Monday. The firm has a market cap of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s 50 day simple moving average is $178.93 and its 200-day simple moving average is $178.55. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).