40,377 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Purchased by BostonPremier Wealth LLC

BostonPremier Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 40,377 shares of the company’s stock, valued at approximately $7,075,000. Invesco S&P 500 Equal Weight ETF makes up 4.3% of BostonPremier Wealth LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other hedge funds also recently bought and sold shares of the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the period. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $29,000. Finally, Richardson Financial Services Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $180.73 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16. The stock has a market capitalization of $60.53 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50-day simple moving average is $179.62 and its two-hundred day simple moving average is $177.59.

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).