Lyell Wealth Management LP Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lyell Wealth Management LP grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% during the 4th quarter, HoldingsChannel reports. The fund owned 23,121 shares of the company’s stock after purchasing an additional 256 shares during the period. Lyell Wealth Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,648,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. DAVENPORT & Co LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.7% in the 3rd quarter. DAVENPORT & Co LLC now owns 83,082 shares of the company’s stock worth $11,772,000 after buying an additional 2,201 shares during the period. Lionsbridge Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $1,860,000. Private Trust Co. NA increased its stake in Invesco S&P 500 Equal Weight ETF by 22.6% in the 3rd quarter. Private Trust Co. NA now owns 18,720 shares of the company’s stock worth $2,652,000 after buying an additional 3,448 shares during the period. Strategic Blueprint LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $728,000. Finally, NovaPoint Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $1,201,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

RSP stock traded up $0.23 during trading on Wednesday, hitting $162.69. The company had a trading volume of 4,087,928 shares, compared to its average volume of 6,595,836. The firm has a market capitalization of $55.24 billion, a P/E 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 company has a 50 day simple moving average of $164.03 and a 200-day simple moving average of $154.84.

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).