Avidian Wealth Enterprises LLC Acquires 268 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Avidian Wealth Enterprises LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 18,081 shares of the company’s stock after acquiring an additional 268 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,168,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after buying an additional 98,000 shares during the period. Citigroup Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after buying an additional 198,793 shares during the period. Finally, Lbmc Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

Shares of RSP stock opened at $180.75 on Wednesday. The stock has a 50-day moving average of $179.49 and a 200-day moving average of $177.69. The stock has a market cap of $60.54 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.16 and a 1-year high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).