Kingsview Wealth Management LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kingsview Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,078 shares of the company’s stock after purchasing an additional 487 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Alpha Financial Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 42.3% in the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares during the last quarter. Ritholtz Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 41.6% in the third quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock worth $566,000 after purchasing an additional 929 shares during the last quarter. Montis Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares in the last quarter. InTrack Investment Management Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $468,000. Finally, Carnegie Investment Counsel increased its holdings in Invesco S&P 500 Equal Weight ETF by 6.2% in the 3rd quarter. Carnegie Investment Counsel now owns 60,003 shares of the company’s stock worth $10,750,000 after buying an additional 3,526 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $180.22 on Monday. The business has a 50-day simple moving average of $179.62 and a two-hundred day simple moving average of $177.52. The firm has a market cap of $60.36 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16.

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).