Larch Capital Partners LLC Buys New Shares in Invesco S&P 500 Equal Weight ETF $RSP

Larch Capital Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 46,839 shares of the company’s stock, valued at approximately $8,973,000. Invesco S&P 500 Equal Weight ETF makes up approximately 1.2% of Larch Capital Partners LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Cary Street Partners Investment Advisory LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the period. Pacific Point Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA:RSP opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $214.30. The company has a market capitalization of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average price of $204.81 and a two-hundred day moving average price of $199.40.

Invesco S&P 500 Equal Weight ETF 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.