Bogart Wealth LLC Invests $110,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bogart Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 697 shares of the company’s stock, valued at approximately $110,000.

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

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded down $0.07 during trading hours on Wednesday, reaching $164.43. 3,345,805 shares of the stock traded hands, compared to its average volume of 6,522,021. The stock has a 50 day simple moving average of $164.35 and a two-hundred day simple moving average of $156.32. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The company has a market cap of $55.07 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).