Kraft Davis & Associates LLC Acquires 4,056 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kraft Davis & Associates LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 46.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,741 shares of the company’s stock after buying an additional 4,056 shares during the period. Kraft Davis & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,006,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SJS Investment Consulting Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Salem Investment Counselors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $26,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Core Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $38,000. Finally, Bartlett & CO. Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $44,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.59 during trading hours on Friday, reaching $159.80. 8,816,101 shares of the stock were exchanged, compared to its average volume of 6,686,133. The firm has a market capitalization of $54.26 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The stock’s fifty day simple moving average is $163.83 and its 200 day simple moving average is $154.25.

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).