Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Courage Miller Partners LLC

Courage Miller Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,623 shares of the company’s stock after acquiring an additional 1,187 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 2.7% of Courage Miller Partners LLC’s investment portfolio, making the stock its 11th biggest position. Courage Miller Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,897,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Partnership Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $25,000. Howe & Rusling Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. GAMMA Investing LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $38,000. SOA Wealth Advisors LLC. raised its position in Invesco S&P 500 Equal Weight ETF by 51.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after purchasing an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 98.5% in the 4th quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock valued at $63,000 after acquiring an additional 197 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded up $0.09 during mid-day trading on Friday, reaching $164.25. The company’s stock had a trading volume of 2,608,899 shares, compared to its average volume of 6,045,165. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The stock has a market cap of $55.01 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average is $164.52 and its 200 day moving average is $161.87.

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).