Murphy & Mullick Capital Management Corp Has $541,000 Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Murphy & Mullick Capital Management Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,181.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 2,820 shares of the company’s stock after acquiring an additional 2,600 shares during the period. Murphy & Mullick Capital Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $541,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after acquiring an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after purchasing an additional 51 shares during the period. Pacific Point Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the last quarter. Strategies Wealth Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares during the last quarter. Finally, Battery Global Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

NYSEARCA:RSP opened at $208.89 on Wednesday. The company’s 50 day moving average is $205.52 and its 200-day moving average is $199.80. Invesco S&P 500 Equal Weight ETF has a 12 month low of $178.60 and a 12 month high of $214.30. The firm has a market cap of $90.12 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.