OMNI 360 Wealth Inc. Makes New $823,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

OMNI 360 Wealth Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, Holdings Channel reports. The institutional investor bought 4,858 shares of the company’s stock, valued at approximately $823,000.

Several other institutional investors have also bought and sold shares of RSP. Partnership Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $25,000. Howe & Rusling Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. GAMMA Investing LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $38,000. SOA Wealth Advisors LLC. lifted its stake in Invesco S&P 500 Equal Weight ETF by 51.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the last quarter. Finally, Missouri Trust & Investment Co boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock valued at $63,000 after buying an additional 197 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded up $0.07 during mid-day trading on Wednesday, reaching $163.75. 2,743,812 shares of the company’s stock traded hands, compared to its average volume of 6,023,526. The stock’s 50-day moving average is $164.77 and its two-hundred day moving average is $162.18. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The stock has a market cap of $54.85 billion, a P/E 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).