Farther Finance Advisors LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Farther Finance Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 108.4% in the fourth quarter, Holdings Channel reports. The firm owned 74,860 shares of the company’s stock after purchasing an additional 38,931 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,118,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after purchasing an additional 839,150 shares during the period. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $83,931,000. Penserra Capital Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in Invesco S&P 500 Equal Weight ETF by 32,458.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock valued at $70,074,000 after purchasing an additional 361,259 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3 %

Invesco S&P 500 Equal Weight ETF stock opened at $171.88 on Wednesday. The firm has a 50-day moving average price of $178.99 and a two-hundred day moving average price of $179.17. The firm has a market capitalization of $71.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16.

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).