Keystone Wealth Services LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Keystone Wealth Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.6% during the 4th quarter, Holdings Channel reports. The fund owned 7,737 shares of the company’s stock after purchasing an additional 1,989 shares during the period. Keystone Wealth Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after buying an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Penserra Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after acquiring an additional 465,623 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1,116.1% during the third quarter. Kovitz Investment Group Partners LLC now owns 386,527 shares of the company’s stock valued at $64,951,000 after acquiring an additional 354,742 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP opened at $180.18 on Monday. The company has a 50 day moving average of $179.15 and a two-hundred day moving average of $179.00. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company has a market cap of $74.90 billion, a price-to-earnings 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).