Black Swift Group LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Black Swift Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, Holdings Channel.com reports. The firm bought 81,462 shares of the company’s stock, valued at approximately $14,595,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.2% of Black Swift Group LLC’s portfolio, making the stock its 6th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after buying an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $183.69 on Thursday. The stock’s 50 day simple moving average is $178.27 and its two-hundred day simple moving average is $170.98. Invesco S&P 500 Equal Weight ETF has a 1 year low of $144.35 and a 1 year high of $185.79. The company has a market cap of $61.53 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).