QRG Capital Management Inc. Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

QRG Capital Management Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the 4th quarter, Holdings Channel reports. The firm owned 3,398 shares of the company’s stock after buying an additional 160 shares during the quarter. QRG Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $595,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in RSP. Keene & Associates Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after buying an additional 56 shares during the period. Beaumont Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after acquiring an additional 58 shares in the last quarter. Ingalls & Snyder LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after acquiring an additional 61 shares during the last quarter. Finally, Abound Wealth Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.6 %

RSP stock opened at $175.38 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The stock has a market cap of $72.90 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. The company’s 50 day moving average is $179.14 and its 200 day moving average is $179.08.

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).