Purus Wealth Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Purus Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,560 shares of the company’s stock, valued at approximately $273,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000. Richardson Financial Services Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $33,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Monday. The stock has a market cap of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.16 and a 12-month high of $188.16. The business’s 50-day simple moving average is $180.54 and its 200 day simple moving average is $176.12.

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).