Quent Capital LLC Buys New Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Quent Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 470 shares of the company’s stock, valued at approximately $82,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Beaumont Financial Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth 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 during the last quarter. CPA Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the last quarter. Finally, Abound Wealth Management lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $179.70 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $156.16 and a one year high of $188.16. The company’s 50-day simple moving average is $179.38 and its 200-day simple moving average is $177.77. The stock has a market capitalization of $60.19 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).