Wagner Wealth Management LLC Buys 541 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wagner Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 236.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 770 shares of the company’s stock after purchasing an additional 541 shares during the period. Wagner Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $135,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Activest Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 12.5% during the 4th quarter. Activest Wealth Management now owns 179,994 shares of the company’s stock worth $31,540,000 after buying an additional 20,000 shares during the period. V2 Financial group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $408,000. Stone Summit Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the fourth quarter. Stone Summit Wealth LLC now owns 31,338 shares of the company’s stock worth $5,491,000 after purchasing an additional 3,663 shares during the period. Compass Financial Services Inc bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $213,000. Finally, Kestra Private Wealth Services LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 41,543 shares of the company’s stock worth $7,280,000 after buying an additional 797 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $180.22 on Monday. The stock has a market cap of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average of $179.62 and a 200-day moving average of $177.52. Invesco S&P 500 Equal Weight ETF has a one year low of $156.16 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).