Mayport LLC Takes $490,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mayport LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,797 shares of the company’s stock, valued at approximately $490,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Keybank National Association OH lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after buying an additional 94,658 shares during the period. Horan Capital Advisors LLC. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $267,000. Signify Wealth raised its holdings in Invesco S&P 500 Equal Weight ETF by 9.3% in the 4th quarter. Signify Wealth now owns 23,537 shares of the company’s stock worth $4,124,000 after purchasing an additional 2,000 shares during the period. Exencial Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 61.8% in the 4th quarter. Exencial Wealth Advisors LLC now owns 328,519 shares of the company’s stock worth $57,566,000 after purchasing an additional 125,450 shares during the period. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% in the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 123,295 shares of the company’s stock worth $22,360,000 after purchasing an additional 623 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.26 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The stock has a market cap of $74.10 billion, a P/E ratio of 21.37 and a beta of 1.07. The stock’s fifty day moving average is $179.19 and its 200 day moving average is $179.05.

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).