Parsons Capital Management Inc. RI Buys 534 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Parsons Capital Management Inc. RI grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% during the 4th quarter, Holdings Channel reports. The firm owned 43,148 shares of the company’s stock after buying an additional 534 shares during the period. Parsons Capital Management Inc. RI’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,561,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. SJS Investment Consulting Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000.

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

RSP opened at $182.19 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16. The business has a 50 day moving average of $180.39 and a 200-day moving average of $176.74. The stock has a market cap of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).