Financial Partners Group Inc Invests $294,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Partners Group Inc bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,675 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Beaumont Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares in the last quarter. CPA Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares in the last quarter. Inlet Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares in the last quarter. Abound Wealth Management boosted its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after acquiring an additional 63 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after acquiring an additional 64 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

RSP opened at $181.24 on Monday. The firm has a market capitalization of $60.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The firm’s 50-day moving average price is $180.27 and its 200 day moving average price is $177.13.

About Invesco S&P 500 Equal Weight ETF

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).