Vigilare Wealth Management Raises Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Vigilare Wealth Management boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5,574.9% in the 4th quarter, Holdings Channel reports. The firm owned 72,298 shares of the company’s stock after buying an additional 71,024 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.7% of Vigilare Wealth Management’s portfolio, making the stock its 6th biggest position. Vigilare Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,849,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RSP. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Investment Counsel Co. of Nevada purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $29,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $32,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5%

Shares of RSP opened at $190.48 on Friday. The firm has a fifty day moving average price of $199.62 and a 200-day moving average price of $193.31. The firm has a market capitalization of $78.99 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24.

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.