SlateStone Wealth LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SlateStone Wealth LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,617 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,036,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during 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 buying an additional 8,451,521 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after buying an additional 354,184 shares in the last quarter. Keybank National Association OH raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after buying an additional 94,658 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares in the last quarter. Finally, Citigroup Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after buying an additional 198,793 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9 %

Shares of NYSEARCA:RSP opened at $172.66 on Friday. The company has a market capitalization of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm’s 50-day moving average is $178.73 and its 200 day moving average is $179.07.

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).