Financial Guidance Group Inc. Has $4.31 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Guidance Group Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 24,566 shares of the company’s stock after buying an additional 5,608 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.4% of Financial Guidance Group Inc.’s holdings, making the stock its 12th largest holding. Financial Guidance Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp increased its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. GHP Investment Advisors Inc. boosted its position 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 valued at $29,000 after acquiring an additional 72 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.70 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $156.16 and a 52 week high of $188.16. The firm’s 50-day simple moving average is $179.25 and its 200 day simple moving average is $177.78. The firm has a market cap of $60.19 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).