Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Acas LLC

Acas LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,399 shares of the company’s stock after purchasing an additional 157 shares during the quarter. Acas LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $694,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Madison Park Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $1,086,000. Fountainhead AM LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 20.5% during the 4th quarter. Fountainhead AM LLC now owns 1,731 shares of the company’s stock valued at $273,000 after acquiring an additional 294 shares during the last quarter. New England Capital Financial Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 4th quarter. New England Capital Financial Advisors LLC now owns 102,523 shares of the company’s stock worth $16,178,000 after acquiring an additional 2,225 shares during the period. GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $38,000. Finally, Element Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 39.2% in the fourth quarter. Element Wealth LLC now owns 1,200 shares of the company’s stock worth $189,000 after purchasing an additional 338 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $1.69 during midday trading on Thursday, hitting $161.00. The company had a trading volume of 1,482,364 shares, compared to its average volume of 6,528,009. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80. The business’s 50 day simple moving average is $164.03 and its two-hundred day simple moving average is $154.84. The stock has a market cap of $54.67 billion, a PE ratio of 20.43 and a beta of 0.93.

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).