Birch Hill Investment Advisors LLC Invests $2.94 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Birch Hill Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 16,790 shares of the company’s stock, valued at approximately $2,942,000.

Other large investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew 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 buying an additional 88 shares during the period. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000.

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

Shares of RSP opened at $180.22 on Friday. The firm has a market cap of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average price is $179.62 and its 200 day moving average price is $177.46. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 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).