Opulen Financial Group LLC Invests $1.07 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Opulen Financial Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,100 shares of the company’s stock, valued at approximately $1,069,000. Invesco S&P 500 Equal Weight ETF makes up approximately 1.0% of Opulen Financial Group LLC’s holdings, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Keene & Associates Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after acquiring an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after acquiring an additional 58 shares during the last quarter. Ingalls & Snyder LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the last quarter. Finally, Abound Wealth Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

Shares of NYSEARCA:RSP opened at $177.01 on Thursday. The stock’s 50-day moving average price is $179.13 and its two-hundred day moving average price is $179.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The firm has a market cap of $73.58 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).