Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Fairway Wealth LLC’s 5th Largest Position

Fairway Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,939 shares of the company’s stock after purchasing an additional 16,743 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 4.7% of Fairway Wealth LLC’s investment portfolio, making the stock its 5th largest holding. Fairway Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,080,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in RSP. SJS Investment Consulting Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in 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 period. Van ECK Associates Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $28,000. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Finally, Hemington Wealth Management raised its position in shares of 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 1.4 %

Invesco S&P 500 Equal Weight ETF stock opened at $174.20 on Tuesday. The stock has a 50-day moving average price of $179.06 and a 200 day moving average price of $179.19. The company has a market capitalization of $72.41 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 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).