Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Orion Capital Management LLC’s 9th Largest Position

Orion Capital Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,008 shares of the company’s stock after acquiring an additional 542 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 2.3% of Orion Capital Management LLC’s holdings, making the stock its 9th biggest holding. Orion Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,946,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of RSP. Core Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $38,000. GAMMA Investing LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $38,000. SOA Wealth Advisors LLC. boosted its position in shares of 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 during the period. CVA Family Office LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $76,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $90,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of NYSEARCA RSP traded up $0.83 during trading hours on Wednesday, reaching $162.03. The stock had a trading volume of 6,739,616 shares, compared to its average volume of 6,536,180. The firm has a market cap of $55.02 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The firm has a 50-day moving average of $164.21 and a 200-day moving average of $155.53.

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).