Pettyjohn Wood & White Inc. Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Pettyjohn Wood & White Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,815 shares of the company’s stock after acquiring an additional 3,936 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,348,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. SJS Investment Consulting Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000. Finally, Hemington Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $178.20 on Friday. The company has a 50 day moving average price of $179.08 and a two-hundred day moving average price of $178.74. The stock has a market capitalization of $74.07 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

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).