GWN Securities Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GWN Securities Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,845 shares of the company’s stock, valued at approximately $2,497,000. Invesco S&P 500 Equal Weight ETF makes up about 0.7% of GWN Securities Inc.’s holdings, making the stock its 27th biggest position.

A number of other institutional investors have also recently made changes to their positions in the stock. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Van ECK Associates Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in 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 in the last quarter. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $29,000. Finally, Roxbury Financial LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $34,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $172.66 on Friday. The stock has a market capitalization of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The stock’s 50-day simple moving average is $178.73 and its two-hundred day simple moving average is $179.07. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).