Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Sterling Manor Financial LLC’s 5th Largest Position

Sterling Manor Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,605 shares of the company’s stock after purchasing an additional 1,376 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 8.4% of Sterling Manor Financial LLC’s holdings, making the stock its 5th largest position. Sterling Manor Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,022,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Willis Investment Counsel purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $857,000. Alterna Wealth Management Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 337.9% in the fourth quarter. Alterna Wealth Management Inc. now owns 14,356 shares of the company’s stock worth $2,516,000 after buying an additional 11,078 shares during the last quarter. SkyOak Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $278,000. McAdam LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. McAdam LLC now owns 266,225 shares of the company’s stock valued at $46,651,000 after buying an additional 4,003 shares during the last quarter. Finally, Round Rock Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 4th quarter. Round Rock Advisors LLC now owns 63,968 shares of the company’s stock valued at $11,209,000 after buying an additional 1,608 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $181.24 on Monday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The business has a 50-day moving average of $180.27 and a 200 day moving average of $177.13. The firm has a market cap of $60.70 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).