Rothschild Wealth LLC Buys New Shares in Invesco S&P 500 Equal Weight ETF $RSP

Rothschild Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, HoldingsChannel.com reports. The firm bought 14,596 shares of the company’s stock, valued at approximately $2,796,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clear Harbor Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 8.2% in the fourth quarter. Clear Harbor Asset Management LLC now owns 29,901 shares of the company’s stock valued at $5,728,000 after buying an additional 2,254 shares in the last quarter. Main Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Main Management LLC now owns 187,430 shares of the company’s stock valued at $35,904,000 after buying an additional 8,718 shares in the last quarter. Waterloo Capital L.P. raised its stake in Invesco S&P 500 Equal Weight ETF by 1.0% in the fourth quarter. Waterloo Capital L.P. now owns 149,865 shares of the company’s stock valued at $28,708,000 after buying an additional 1,458 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 6.6% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,159 shares of the company’s stock valued at $222,000 after buying an additional 72 shares in the last quarter. Finally, Grandfield & Dodd LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 34.1% in the fourth quarter. Grandfield & Dodd LLC now owns 5,738 shares of the company’s stock valued at $1,099,000 after buying an additional 1,458 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $208.83 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $174.27 and a 1-year high of $209.32. The stock has a market cap of $90.09 billion, a PE ratio of 20.10 and a beta of 0.92. The stock’s fifty day moving average is $199.81 and its two-hundred day moving average is $197.22.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.