WealthBridge Capital Management LLC Increases Stake in Invesco S&P 500 Equal Weight ETF $RSP

WealthBridge Capital Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,487 shares of the company’s stock after purchasing an additional 2,859 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 5.0% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. WealthBridge Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,780,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First City Capital Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.2% in the 1st quarter. First City Capital Management Inc. now owns 6,536 shares of the company’s stock worth $1,254,000 after buying an additional 1,315 shares during the last quarter. Trinity Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 38.6% during the 1st quarter. Trinity Wealth Management LLC now owns 5,608 shares of the company’s stock valued at $1,076,000 after buying an additional 1,562 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 4,954 shares of the company’s stock valued at $951,000 after acquiring an additional 165 shares during the last quarter. Signal Advisors Wealth LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.6% in the 1st quarter. Signal Advisors Wealth LLC now owns 91,135 shares of the company’s stock valued at $17,491,000 after acquiring an additional 12,991 shares during the last quarter. Finally, First National Bank Sioux Falls lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.4% in the 1st quarter. First National Bank Sioux Falls now owns 56,621 shares of the company’s stock valued at $11,360,000 after acquiring an additional 4,371 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

RSP opened at $208.89 on Wednesday. The firm has a market cap of $90.12 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $178.60 and a 12 month high of $214.30. The stock has a 50-day moving average of $205.52 and a 200 day moving average of $199.80.

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). 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.