Thurston Springer Miller Herd & Titak Inc. Invests $745,000 in Invesco S&P 500 Equal Weight ETF $RSP

Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,886 shares of the company’s stock, valued at approximately $745,000.

Several other institutional investors have also made changes to their positions in RSP. Analyst IMS Investment Management Services Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 7.1% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 42,500 shares of the company’s stock worth $8,141,000 after purchasing an additional 2,820 shares during the period. Toth Financial Advisory Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 54.9% during the fourth quarter. Toth Financial Advisory Corp now owns 5,920 shares of the company’s stock worth $1,134,000 after purchasing an additional 2,097 shares during the period. Aspiriant LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 15.0% during the fourth quarter. Aspiriant LLC now owns 17,996 shares of the company’s stock worth $3,447,000 after purchasing an additional 2,346 shares during the period. Investment Planning Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,669.2% during the 4th quarter. Investment Planning Advisors Inc. now owns 81,047 shares of the company’s stock worth $15,525,000 after acquiring an additional 76,466 shares in the last quarter. Finally, Element Squared LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3,857.9% in the 4th quarter. Element Squared LLC now owns 74,805 shares of the company’s stock valued at $14,330,000 after purchasing an additional 72,915 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $193.09 on Friday. The stock has a market capitalization of $85.47 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The firm has a 50-day moving average price of $198.20 and a 200-day moving average price of $193.53.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.

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