Valued Retirements Inc. Invests $717,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Valued Retirements Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 4,091 shares of the company’s stock, valued at approximately $717,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.0% of Valued Retirements Inc.’s investment portfolio, making the stock its 28th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Strategic Financial Concepts LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares during the period. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares during the period. Keybank National Association OH lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after purchasing an additional 94,658 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares during the period. Finally, Citigroup Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 10.6% during the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after buying an additional 198,793 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $172.66 on Monday. 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 capitalization of $71.93 billion, a P/E ratio of 20.93 and a beta of 1.07. The business has a fifty day simple moving average of $178.73 and a two-hundred day simple moving average of $179.11.

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).