Lionshead Wealth Management LLC Makes New $1.11 Million Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lionshead Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,356 shares of the company’s stock, valued at approximately $1,114,000.

Other large investors have also recently modified their holdings of the company. SJS Investment Consulting Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of 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 last quarter. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $28,000. Cambridge Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $28,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $29,000.

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

RSP stock opened at $172.57 on Monday. The stock has a market capitalization of $71.78 billion, a PE ratio of 19.70 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The stock’s 50 day simple moving average is $168.67 and its 200 day simple moving average is $176.34.

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).