Wealth Enhancement Advisory Services LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealth Enhancement Advisory Services LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 546,726 shares of the company’s stock after purchasing an additional 27,331 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.16% of Invesco S&P 500 Equal Weight ETF worth $97,952,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CPA Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the period. Inlet Private Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the last quarter. Delta Investment Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares in the last quarter. Founders Financial Alliance LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after purchasing an additional 67 shares in the last quarter. Finally, Ironsides Asset Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Ironsides Asset Advisors LLC now owns 18,178 shares of the company’s stock worth $3,257,000 after purchasing an additional 70 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.2 %

RSP stock traded down $2.13 during trading on Friday, hitting $173.69. 3,262,843 shares of the company’s stock traded hands, compared to its average volume of 6,834,844. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The stock has a fifty day moving average price of $180.95 and a two-hundred day moving average price of $175.43. The stock has a market capitalization of $58.18 billion, a price-to-earnings 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).