Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Fairway Wealth LLC

Fairway Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 135,457 shares of the company’s stock after purchasing an additional 5,050 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 5.1% of Fairway Wealth LLC’s holdings, making the stock its 6th biggest position. Fairway Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,948,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in RSP. O ROURKE & COMPANY Inc increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the fourth quarter. O ROURKE & COMPANY Inc now owns 24,495 shares of the company’s stock valued at $4,692,000 after purchasing an additional 1,029 shares during the period. Milestone Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Milestone Asset Management LLC now owns 1,262 shares of the company’s stock valued at $242,000 after buying an additional 59 shares during the period. Juno Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $337,000. Trail Ridge Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Trail Ridge Investment Advisors LLC now owns 8,258 shares of the company’s stock valued at $1,582,000 after acquiring an additional 258 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.3% in the fourth quarter. Retirement Planning Co of New England Inc. now owns 3,906 shares of the company’s stock valued at $748,000 after acquiring an additional 230 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0%

NYSEARCA:RSP opened at $202.46 on Thursday. The business’s 50-day moving average price is $198.00 and its 200 day moving average price is $194.50. Invesco S&P 500 Equal Weight ETF has a 52-week low of $164.34 and a 52-week high of $205.24. The firm has a market cap of $87.89 billion, a P/E ratio of 20.10 and a beta of 0.94.

Invesco S&P 500 Equal Weight ETF Profile

(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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