Tranquilli Financial Advisor LLC Acquires 2,969 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tranquilli Financial Advisor LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,309 shares of the company’s stock after purchasing an additional 2,969 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.1% of Tranquilli Financial Advisor LLC’s investment portfolio, making the stock its 16th largest position. Tranquilli Financial Advisor LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,384,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. GHP Investment Advisors Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

RSP stock opened at $180.25 on Tuesday. The firm’s 50-day moving average price is $180.27 and its two-hundred day moving average price is $177.18. The stock has a market capitalization of $60.37 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.13 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).