Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 530.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,303 shares of the company’s stock after purchasing an additional 14,559 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,315,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pacific Point Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after purchasing an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after purchasing an additional 55 shares in the last quarter. Battery Global Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. Finally, Burns J W & Co. Inc. NY boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $202.45 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $164.58 and a one year high of $205.24. The company has a market cap of $87.89 billion, a P/E ratio of 20.10 and a beta of 0.94. The business’s 50-day simple moving average is $198.04 and its 200-day simple moving average is $194.55.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.