Twin Tree Management LP Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Twin Tree Management LP raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 236.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,894 shares of the company’s stock after purchasing an additional 17,497 shares during the period. Twin Tree Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,362,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $34,000.

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

Shares of NYSEARCA RSP opened at $174.08 on Wednesday. The firm has a 50-day simple moving average of $178.68 and a 200-day simple moving average of $179.10. The stock has a market capitalization of $72.52 billion, a price-to-earnings ratio of 20.93 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.

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).