Fifth Third Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 39.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 32,002 shares of the company’s stock after buying an additional 9,125 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,608,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. grew its holdings in shares of 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 acquiring an additional 83 shares during the period. GHP Investment Advisors Inc. increased its stake 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 purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Finally, Riggs Asset Managment Co. Inc. boosted its position 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 worth $33,000 after purchasing an additional 110 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %
Shares of RSP stock opened at $176.08 on Wednesday. The stock has a market cap of $58.98 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The business has a fifty day simple moving average of $180.80 and a 200-day simple moving average of $175.79.
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).
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