Victrix Investment Advisors Purchases New Stake in Invesco S&P 500 Equal Weight ETF $RSP

Victrix Investment Advisors purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, HoldingsChannel reports. The fund purchased 10,437 shares of the company’s stock, valued at approximately $1,999,000.

Several other hedge funds have also bought and sold shares of the business. Cary Street Partners Investment Advisory LLC grew its position in 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 purchasing an additional 51 shares during the period. Pacific Point Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th 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 period. Drucker Wealth 3.0 LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after acquiring an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

Shares of NYSEARCA:RSP opened at $210.83 on Friday. The stock’s fifty day simple moving average is $201.24 and its two-hundred day simple moving average is $197.81. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $210.95. The stock has a market cap of $90.95 billion, a PE ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF Company 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.