Abound Wealth Management increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,031 shares of the company’s stock after purchasing an additional 63 shares during the period. Abound Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $706,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in RSP. Ironwood Wealth Management LLC. grew its holdings in Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after purchasing an additional 2,317 shares during the period. Wealthspire Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 15.5% during the second quarter. Wealthspire Advisors LLC now owns 14,604 shares of the company’s stock valued at $2,399,000 after buying an additional 1,956 shares during the last quarter. Retirement Planning Co of New England Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 40.2% in the second quarter. Retirement Planning Co of New England Inc. now owns 2,473 shares of the company’s stock worth $406,000 after acquiring an additional 709 shares in the last quarter. Stevard LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 35.3% in the second quarter. Stevard LLC now owns 3,426 shares of the company’s stock worth $563,000 after acquiring an additional 893 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 88.4% during the second quarter. CBIZ Investment Advisory Services LLC now owns 265,605 shares of the company’s stock valued at $43,634,000 after acquiring an additional 124,606 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP traded up $1.18 during trading hours on Monday, hitting $174.43. The company had a trading volume of 7,421,884 shares, compared to its average volume of 7,535,692. Invesco S&P 500 Equal Weight ETF has a 52-week low of $153.10 and a 52-week high of $188.16. The firm has a fifty day moving average price of $180.89 and a 200-day moving average price of $175.64. The stock has a market capitalization of $58.42 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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).
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