Oliver Lagore Vanvalin Investment Group Has $8.25 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oliver Lagore Vanvalin Investment Group increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 373,492.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 52,303 shares of the company’s stock after buying an additional 52,289 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 3.1% of Oliver Lagore Vanvalin Investment Group’s holdings, making the stock its 7th biggest position. Oliver Lagore Vanvalin Investment Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,253,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $26,000. Salem Investment Counselors Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $26,000. Householder Group Estate & Retirement Specialist LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $38,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $44,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded down $0.09 during trading on Thursday, reaching $159.27. The stock had a trading volume of 4,256,217 shares, compared to its average volume of 6,623,182. The stock has a market cap of $54.08 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The business has a 50-day moving average of $163.81 and a 200-day moving average of $154.08.

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).