Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 14.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,785 shares of the company’s stock after acquiring an additional 344 shares during the period. EverSource Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $440,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $25,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. GAMMA Investing LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $38,000. Core Wealth Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $38,000. Finally, SOA Wealth Advisors LLC. lifted its position in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after acquiring an additional 103 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $1.03 during midday trading on Thursday, hitting $166.16. The company had a trading volume of 1,440,271 shares, compared to its average volume of 6,209,237. The stock has a market cap of $55.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s 50 day simple moving average is $164.86 and its 200 day simple moving average is $158.52. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.