IFP Advisors Inc Purchases 7,912 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IFP Advisors Inc raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,225 shares of the company’s stock after purchasing an additional 7,912 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 0.7% of IFP Advisors Inc’s investment portfolio, making the stock its 22nd biggest position. IFP Advisors Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,068,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. boosted its stake 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 valued at $25,000 after buying an additional 88 shares during the period. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Van ECK Associates Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during 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 bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Finally, GHP Investment Advisors Inc. boosted its position in shares of 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 valued at $29,000 after acquiring an additional 72 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %

Shares of RSP opened at $179.82 on Monday. The company has a market cap of $60.23 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average price of $178.93 and a 200-day moving average price of $178.55. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).