Advance Capital Management Inc. Has $1.39 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Advance Capital Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.3% during the 4th quarter, Holdings Channel reports. The firm owned 7,910 shares of the company’s stock after purchasing an additional 536 shares during the quarter. Advance Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,386,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000. Finally, Riggs Asset Managment Co. Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 110 shares during the last quarter.

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

NYSEARCA RSP traded down $0.12 on Monday, hitting $176.20. 8,666,159 shares of the company were exchanged, compared to its average volume of 7,357,729. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.10 and a 1-year high of $188.16. The firm has a 50 day moving average of $181.13 and a two-hundred day moving average of $175.27. The company has a market cap of $59.02 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).