GFS Advisors LLC Buys 1,103 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GFS Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,676 shares of the company’s stock after buying an additional 1,103 shares during the period. GFS Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sandy Cove Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $222,000. Riversedge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the period. Montis Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after buying an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after buying an additional 2,206 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

RSP opened at $181.24 on Friday. The firm’s 50 day simple moving average is $180.36 and its two-hundred day simple moving average is $177.01. The company has a market capitalization of $60.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $155.79 and a 1-year 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).