JPL Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,698 shares of the company’s stock, valued at approximately $298,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. SJS Investment Consulting Inc. raised 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 buying an additional 88 shares during the last quarter. FPC Investment Advisory Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $28,000. Van ECK Associates Corp raised its stake in 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 acquiring an additional 78 shares during the period. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $29,000. Finally, Roxbury Financial LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $34,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP stock opened at $171.07 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock has a 50 day moving average price of $178.91 and a two-hundred day moving average price of $179.12. The company has a market capitalization of $71.11 billion, a P/E ratio of 21.37 and a beta of 1.07.
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).
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