Capital Advisors Wealth Management LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Capital Advisors Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,257 shares of the company’s stock after purchasing an additional 325 shares during the period. Capital Advisors Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third 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 purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Richardson Financial Services Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $179.17 on Friday. The business’s 50 day moving average price is $180.70 and its 200 day moving average price is $175.81. The company has a market cap of $60.01 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).