Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Paces Ferry Wealth Advisors LLC

Paces Ferry Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,304 shares of the company’s stock after purchasing an additional 2,351 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.6% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Paces Ferry Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,200,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Brighton Jones LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8%

Invesco S&P 500 Equal Weight ETF stock opened at $213.37 on Friday. The firm has a market capitalization of $95.81 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37. The stock’s fifty day simple moving average is $209.58 and its 200-day simple moving average is $202.35.

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.