Cary Street Partners Asset Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cary Street Partners Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 57.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,112 shares of the company’s stock after purchasing an additional 4,066 shares during the period. Cary Street Partners Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,754,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Castle Rock Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after buying an additional 70 shares during the last quarter. Long Run Wealth Advisors LLC grew its holdings in 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 acquiring an additional 70 shares during the last quarter. Seelaus Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after purchasing an additional 72 shares during the last quarter. YHB Investment Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 3.5% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock valued at $351,000 after purchasing an additional 75 shares during the last quarter. Finally, Sfmg LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.7% in the 3rd quarter. Sfmg LLC now owns 2,896 shares of the company’s stock worth $410,000 after buying an additional 76 shares during the last quarter.

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

NYSEARCA:RSP opened at $160.58 on Thursday. 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 has a market cap of $53.78 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s fifty day simple moving average is $164.23 and its 200 day simple moving average is $155.57.

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).