Colonial River Wealth Management LLC Grows Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Colonial River Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 106.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,947 shares of the company’s stock after acquiring an additional 1,520 shares during the quarter. Colonial River Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $465,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. SJS Investment Consulting Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Salem Investment Counselors Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $26,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Core Wealth Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $44,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $1.44 during midday trading on Tuesday, hitting $166.93. The company had a trading volume of 4,598,401 shares, compared to its average volume of 6,371,954. The company’s 50 day simple moving average is $162.19 and its 200 day simple moving average is $152.42. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The stock has a market cap of $47.19 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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