Leo Wealth LLC Takes $2.09 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Leo Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 11,918 shares of the company’s stock, valued at approximately $2,088,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Beaumont Financial Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after purchasing an additional 61 shares in the last quarter. CPA Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Finally, Abound Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

NYSEARCA:RSP opened at $181.11 on Friday. The stock has a market cap of $60.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average price is $179.89 and its 200-day moving average price is $177.36. Invesco S&P 500 Equal Weight ETF has a 52 week low of $156.16 and a 52 week high of $188.16.

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).