Zhang Financial LLC Has $414,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Zhang Financial LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,622 shares of the company’s stock after purchasing an additional 935 shares during the period. Zhang Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $414,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Castle Rock Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after purchasing an additional 70 shares during the last quarter. Long Run Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after buying an additional 70 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,672 shares of the company’s stock worth $1,104,000 after buying an additional 70 shares during the last quarter. Seelaus Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after buying an additional 72 shares during the last quarter. Finally, YHB Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after buying an additional 75 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4 %

Shares of NYSEARCA RSP opened at $159.80 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The stock’s 50 day moving average price is $163.83 and its 200-day moving average price is $154.25. The company has a market capitalization of $54.26 billion, a PE ratio of 20.43 and a beta of 0.93.

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).