Benchmark Financial Wealth Advisors LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Benchmark Financial Wealth Advisors LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,290 shares of the company’s stock after selling 698 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.7% of Benchmark Financial Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Benchmark Financial Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,308,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Meadow Creek Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 13,371 shares of the company’s stock valued at $2,343,000 after acquiring an additional 629 shares during the period. Onyx Bridge Wealth Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.3% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 4,180 shares of the company’s stock valued at $732,000 after buying an additional 457 shares during the last quarter. Vanderbilt University lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Vanderbilt University now owns 459,139 shares of the company’s stock valued at $80,455,000 after buying an additional 1,590 shares during the period. Jackson Grant Investment Advisers Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 144,950 shares of the company’s stock valued at $25,400,000 after buying an additional 2,001 shares during the period. Finally, Deltec Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $1,472,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of RSP stock opened at $181.35 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.16 and a twelve month high of $188.16. The stock has a 50 day moving average of $180.00 and a 200 day moving average of $177.34. The stock has a market cap of $60.74 billion, a P/E 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).