Williams Jones Wealth Management LLC. Purchases 2,089 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Williams Jones Wealth Management LLC. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,613 shares of the company’s stock after buying an additional 2,089 shares during the period. Williams Jones Wealth Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,262,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp increased its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Cambridge Financial Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Finally, Joseph Group Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $179.50 on Wednesday. The stock has a market capitalization of $73.56 billion, a P/E ratio of 20.59 and a beta of 1.00. The company’s 50 day simple moving average is $169.35 and its 200-day simple moving average is $176.38. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16.

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).