Courier Capital LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Courier Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 93,987 shares of the company’s stock after purchasing an additional 2,787 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of Courier Capital LLC’s portfolio, making the stock its 21st largest holding. Courier Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,004,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 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. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. IMA Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $33,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $35,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

Shares of NYSEARCA:RSP opened at $202.03 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $165.39 and a 52-week high of $205.24. The stock has a market cap of $87.72 billion, a P/E ratio of 20.10 and a beta of 0.94. The business’s 50 day moving average is $198.02 and its 200 day moving average is $194.66.

Invesco S&P 500 Equal Weight ETF 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). 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.

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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:RSP – Free Report).