Runnymede Capital Advisors Inc. Invests $727,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Runnymede Capital Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,150 shares of the company’s stock, valued at approximately $727,000. Invesco S&P 500 Equal Weight ETF makes up approximately 0.6% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds also recently made changes to their positions in RSP. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock valued at $242,674,000 after purchasing an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Finally, Penserra Capital Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares in the last quarter.

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

NYSEARCA RSP opened at $173.84 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The firm has a market capitalization of $72.42 billion, a PE ratio of 20.93 and a beta of 1.07. The stock’s 50 day moving average is $178.66 and its 200 day moving average is $179.03.

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).