Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Holdings Raised by HB Wealth Management LLC

HB Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,475 shares of the company’s stock after acquiring an additional 4,877 shares during the quarter. HB Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,866,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Trust Co. of Vermont lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.8% in the 4th quarter. Trust Co. of Vermont now owns 2,207 shares of the company’s stock worth $387,000 after acquiring an additional 178 shares during the period. Sanibel Captiva Trust Company Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $329,000. Arkadios Wealth Advisors lifted its position in Invesco S&P 500 Equal Weight ETF by 8.0% in the fourth quarter. Arkadios Wealth Advisors now owns 56,372 shares of the company’s stock worth $9,878,000 after purchasing an additional 4,178 shares during the period. InTrack Investment Management Inc boosted its stake in Invesco S&P 500 Equal Weight ETF by 24.8% during the 4th quarter. InTrack Investment Management Inc now owns 3,261 shares of the company’s stock valued at $574,000 after purchasing an additional 649 shares in the last quarter. Finally, Lake Street Private Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 116.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 56,160 shares of the company’s stock valued at $9,841,000 after purchasing an additional 30,234 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Friday. The business has a fifty day simple moving average of $180.54 and a 200-day simple moving average of $176.04. The firm has a market cap of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.16 and a fifty-two week high of $188.16.

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).