Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 89,641 shares of the company’s stock, valued at approximately $18,895,000. Invesco S&P 500 Equal Weight ETF makes up 2.5% of Sanders Morris Harris LLC’s holdings, making the stock its 8th largest holding.

Several other hedge funds also recently modified their holdings of RSP. Highland Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $26,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Brandywine Financial Group raised its stake in Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the period. Hurley Capital LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Finally, Rogco LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6%

Shares of RSP traded down $1.21 during midday trading on Wednesday, reaching $212.09. 8,420,719 shares of the company were exchanged, compared to its average volume of 11,987,259. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The company has a market cap of $97.35 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock has a 50-day moving average price of $216.16 and a 200-day moving average price of $210.02.

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.