Avior Wealth Management LLC Buys 1,569 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Avior Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 207.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,326 shares of the company’s stock after acquiring an additional 1,569 shares during the period. Avior Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $367,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in RSP. SJS Investment Consulting Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Salem Investment Counselors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $26,000. Core Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $38,000. Bartlett & CO. Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $44,000. Finally, SOA Wealth Advisors LLC. boosted its position in Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after acquiring an additional 103 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $159.80 on Friday. The firm’s 50-day moving average is $163.83 and its two-hundred day moving average is $154.25. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The company has a market capitalization of $54.26 billion, a PE ratio of 20.43 and a beta of 0.93.

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).