Montis Financial LLC Acquires New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Montis Financial LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,761 shares of the company’s stock, valued at approximately $436,000.

Other hedge funds also recently made changes to their positions in the company. Xponance Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 5.0% during the 3rd quarter. Xponance Inc. now owns 3,131 shares of the company’s stock valued at $444,000 after acquiring an additional 148 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 126.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock valued at $6,384,000 after purchasing an additional 22,615 shares in the last quarter. TFB Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 38.5% in the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock worth $310,000 after purchasing an additional 546 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its position in Invesco S&P 500 Equal Weight ETF by 161.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after buying an additional 9,573 shares in the last quarter. Finally, Roble Belko & Company Inc acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $263,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP traded up $0.99 during trading on Thursday, reaching $161.64. The company had a trading volume of 5,677,906 shares, compared to its average volume of 6,563,801. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The firm has a market capitalization of $54.14 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average is $164.23 and its 200 day moving average is $155.57.

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).