Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,440 shares of the company’s stock after purchasing an additional 1,694 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.3% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 17th biggest holding. Investment Advisory Services Inc. TX ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,582,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Birch Hill Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $2,942,000. Empowered Funds LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $1,926,000. Seelaus Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.1% in the fourth quarter. Seelaus Asset Management LLC now owns 9,497 shares of the company’s stock valued at $1,664,000 after acquiring an additional 289 shares in the last quarter. Counterweight Ventures LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the fourth quarter. Counterweight Ventures LLC now owns 22,194 shares of the company’s stock valued at $3,889,000 after acquiring an additional 585 shares during the last quarter. Finally, Sanchez Wealth Management Group purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $283,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

NYSEARCA:RSP opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month high of $188.16. The firm has a market cap of $60.36 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average is $179.62 and its two-hundred day moving average is $177.46.

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).