Sawtooth Solutions LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 138.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 148,114 shares of the company’s stock after purchasing an additional 85,993 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 0.9% of Sawtooth Solutions LLC’s holdings, making the stock its 24th biggest holding. Sawtooth Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,469,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in RSP. SPC Financial Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 451.9% during the 1st quarter. SPC Financial Inc. now owns 689,530 shares of the company’s stock worth $72,015,000 after buying an additional 564,600 shares during the last quarter. Hartz Capital Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $54,202,000. PFS Investments Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 298.4% during the 1st quarter. PFS Investments Inc. now owns 655,356 shares of the company’s stock worth $68,445,000 after buying an additional 490,854 shares during the last quarter. Hengehold Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $41,636,000. Finally, Shufro Rose & Co. LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 188.1% during the 1st quarter. Shufro Rose & Co. LLC now owns 601,128 shares of the company’s stock worth $62,782,000 after buying an additional 392,452 shares during the last quarter.

Shares of RSP stock traded up $0.23 on Monday, hitting $100.92. 40,791 shares of the company’s stock were exchanged, compared to its average volume of 878,619. Invesco S&P 500 Equal Weight ETF has a 12 month low of $85.76 and a 12 month high of $108.89.

ILLEGAL ACTIVITY NOTICE: “Sawtooth Solutions LLC Has $15.47 Million Stake in Invesco S&P 500 Equal Weight ETF (RSP)” was first reported by Watch List News and is owned by of Watch List News. If you are reading this story on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this story can be read at https://www.watchlistnews.com/sawtooth-solutions-llc-has-15-47-million-stake-in-invesco-sp-500-equal-weight-etf-rsp/3030394.html.

About Invesco S&P 500 Equal Weight ETF

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).

Featured Story: Leveraged Buyout (LBO) Explained

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:RSP).

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

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.