Valley Wealth Managers Inc. Acquires 39,891 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Valley Wealth Managers Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 43.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 131,904 shares of the company’s stock after purchasing an additional 39,891 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.7% of Valley Wealth Managers Inc.’s holdings, making the stock its 14th largest position. Valley Wealth Managers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during 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. Finally, GHP Investment Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

RSP opened at $181.08 on Tuesday. The stock has a market capitalization of $60.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company has a 50-day simple moving average of $179.08 and a 200 day simple moving average of $177.98.

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).