Activest Wealth Management Buys 20,000 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Activest Wealth Management grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.5% during the 4th quarter, HoldingsChannel reports. The firm owned 179,994 shares of the company’s stock after acquiring an additional 20,000 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 8.8% of Activest Wealth Management’s holdings, making the stock its 3rd biggest holding. Activest Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,540,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of RSP. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares in the last quarter. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. raised its stake 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 worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. lifted its holdings 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 buying an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.22 on Monday. The stock has a market cap of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a fifty day simple moving average of $179.62 and a 200 day simple moving average of $177.52. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 and a 12 month high of $188.16.

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).