Western Wealth Management LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Western Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,800 shares of the company’s stock after purchasing an additional 435 shares during the period. Western Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,546,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RSP. SJS Investment Consulting Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Salem Investment Counselors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $26,000. Core Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $38,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $44,000. Finally, SOA Wealth Advisors LLC. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 51.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $159.80 on Friday. The firm’s 50 day moving average price is $163.83 and its 200-day moving average price is $154.25. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The company has a market cap of $54.26 billion, a P/E ratio of 20.43 and a beta of 0.93.

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).