Willis Investment Counsel Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Willis Investment Counsel grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 31.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,513 shares of the company’s stock after acquiring an additional 15,595 shares during the quarter. Willis Investment Counsel’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after purchasing an additional 137,493 shares during the period. Brookstone Capital Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares during the period. CMG Global Holdings LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares during the period. Sowell Financial Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 23.2% during the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the period. Finally, Argent Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after purchasing an additional 3,135 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $197.96 on Thursday. The stock has a market capitalization of $87.88 billion, a price-to-earnings ratio of 20.10 and a beta of 0.97. Invesco S&P 500 Equal Weight ETF has a one year low of $150.81 and a one year high of $205.24. The business’s fifty day moving average is $197.98 and its 200-day moving average is $193.70.

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.