Forty three Eighteen Advisors LLC Takes $477,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

Forty three Eighteen Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,490 shares of the company’s stock, valued at approximately $477,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Finally, Hurley Capital LLC grew its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 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 Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Friday. The stock’s fifty day moving average price is $205.05 and its two-hundred day moving average price is $199.48. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30. The firm has a market cap of $90.58 billion, a PE ratio of 20.10 and a beta of 0.91.

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.