Abbrea Capital LLC Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Abbrea Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,089 shares of the company’s stock after purchasing an additional 1,145 shares during the period. Abbrea Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in RSP. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $38,000. Core Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $38,000. SOA Wealth Advisors LLC. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after acquiring an additional 103 shares in the last quarter. CVA Family Office LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $76,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $90,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.08 during mid-day trading on Friday, hitting $162.43. 5,625,861 shares of the stock were exchanged, compared to its average volume of 6,594,050. The stock’s fifty day simple moving average is $164.06 and its two-hundred day simple moving average is $154.89. The stock has a market capitalization of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

See Also

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:RSPFree Report).

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.