Horan Securities Inc. Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Horan Securities Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,908 shares of the company’s stock, valued at approximately $510,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Keene & Associates Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after acquiring an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after purchasing an additional 56 shares during the period. Beaumont Financial Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares during the period. Ingalls & Snyder LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after buying an additional 58 shares in the last quarter. Finally, Boston Standard Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.69 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The firm has a 50-day moving average of $179.07 and a 200-day moving average of $179.13. The stock has a market cap of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07.

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).