Harbour Investments Inc. Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Harbour Investments Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,923 shares of the company’s stock after purchasing an additional 4,245 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,651,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. Aviso Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $206.58 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $173.00 and a 1-year high of $206.97. The stock has a market cap of $89.12 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a fifty day moving average price of $198.72 and a 200 day moving average price of $196.64.

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). 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.