Prosperity Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,409 shares of the company’s stock after purchasing an additional 492 shares during the quarter. Prosperity Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $422,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. SJS Investment Consulting Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $28,000. Van ECK Associates Corp increased 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 valued at $27,000 after purchasing an additional 78 shares during the period. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000. Finally, Roxbury Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $34,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP opened at $171.88 on Wednesday. The stock’s 50 day moving average price is $178.99 and its 200 day moving average price is $179.17. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The company has a market capitalization of $71.45 billion, a P/E ratio of 21.37 and a beta of 1.07.
About Invesco S&P 500 Equal Weight ETF
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).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- How to Most Effectively Use the MarketBeat Earnings Screener
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Manufacturing Stocks Investing
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- How to find penny stocks to invest and trade
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
