Chicago Partners Investment Group LLC Purchases 2,866 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Chicago Partners Investment Group LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,218 shares of the company’s stock after acquiring an additional 2,866 shares during the period. Chicago Partners Investment Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,224,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of RSP. GRIMES & Co WEALTH MANAGEMENT LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 107.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after purchasing an additional 137,493 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares in the last quarter. CMG Global Holdings LLC lifted its position 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 buying an additional 4,262 shares during the period. Sowell Financial Services LLC lifted its position 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 buying an additional 3,829 shares during the period. Finally, Argent Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.8% in the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after buying an additional 3,135 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $202.03 on Friday. The business’s fifty day moving average price is $198.02 and its two-hundred day moving average price is $194.63. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $165.39 and a fifty-two week high of $205.24. The stock has a market capitalization of $87.71 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94.

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.