QRG Capital Management Inc. Purchases 160 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

QRG Capital Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,398 shares of the company’s stock after acquiring an additional 160 shares during the period. QRG Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Keene & Associates Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares during the period. Beaumont Financial Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares during the period. Boston Standard Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after acquiring an additional 61 shares in the last quarter. Finally, Abound Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after acquiring an additional 63 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $175.38 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock has a market cap of $72.90 billion, a PE ratio of 21.37 and a beta of 1.07. The stock has a fifty day moving average of $179.14 and a 200-day moving average of $179.08.

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).