New England Capital Financial Advisors LLC Buys 2,032 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

New England Capital Financial Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,255 shares of the company’s stock after purchasing an additional 2,032 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 10.0% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. New England Capital Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Forum Financial Management LP grew its position in Invesco S&P 500 Equal Weight ETF by 15.2% in the 3rd quarter. Forum Financial Management LP now owns 4,109 shares of the company’s stock worth $736,000 after purchasing an additional 543 shares during the last quarter. TrueWealth Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 27.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 22,220 shares of the company’s stock valued at $3,981,000 after acquiring an additional 4,819 shares in the last quarter. Latko Wealth Management Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $607,000. Prosperitas Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $546,000. Finally, GFS Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,648.1% during the 3rd quarter. GFS Advisors LLC now owns 35,573 shares of the company’s stock valued at $6,373,000 after acquiring an additional 33,538 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.77 on Monday. The firm’s 50-day simple moving average is $177.03 and its 200-day simple moving average is $169.87. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $182.22. The firm has a market cap of $59.21 billion, a P/E 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).