Steigerwald Gordon & Koch Inc. Has $285,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Steigerwald Gordon & Koch Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,644 shares of the company’s stock after acquiring an additional 328 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $285,000 at the end of the most recent quarter.

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

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

Shares of NYSEARCA RSP opened at $177.64 on Thursday. The stock has a 50-day moving average price of $169.75 and a two-hundred day moving average price of $175.97. The company has a market cap of $71.81 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16.

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).