SVB Wealth LLC Purchases New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SVB Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, Holdings Channel.com reports. The fund purchased 4,367 shares of the company’s stock, valued at approximately $765,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SJS Investment Consulting Inc. increased its holdings 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 buying an additional 88 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1 %

Shares of NYSEARCA RSP opened at $178.26 on Tuesday. The business’s 50 day moving average price is $179.19 and its two-hundred day moving average price is $179.05. The company has a market cap of $74.10 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

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).