Andina Capital Management LLC Acquires 2,078 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Andina Capital Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.7% in the fourth quarter, HoldingsChannel reports. The firm owned 7,592 shares of the company’s stock after purchasing an additional 2,078 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.1% of Andina Capital Management LLC’s portfolio, making the stock its 26th biggest holding. Andina Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,330,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sandy Cove Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $222,000. Riversedge Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter. Brightwater Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $3,227,000. Finally, Montis Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 61.3% during the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.19 on Friday. The firm has a market cap of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The firm has a fifty day moving average price of $180.39 and a two-hundred day moving average price of $176.57.

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).