Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Focus Partners Wealth

Focus Partners Wealth increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,874,285 shares of the company’s stock after acquiring an additional 577,151 shares during the quarter. Focus Partners Wealth owned about 0.45% of Invesco S&P 500 Equal Weight ETF worth $359,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the last quarter. Pacific Point Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after acquiring an additional 52 shares during the period. Drucker Wealth 3.0 LLC lifted its holdings 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 buying an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC lifted its holdings 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 buying an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC lifted its holdings in 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 buying an additional 55 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

Shares of NYSEARCA:RSP opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $212.12. The company’s 50 day moving average is $203.40 and its two-hundred day moving average is $198.74. The company has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91.

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). 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.