Inscription Capital LLC Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Inscription Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 5,440 shares of the company’s stock, valued at approximately $921,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $28,000. Cambridge Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Joseph Group Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

Shares of RSP opened at $179.06 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The firm has a market capitalization of $72.38 billion, a P/E ratio of 20.59 and a beta of 0.99. The firm’s 50-day moving average is $172.20 and its two-hundred day moving average is $175.49.

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).