EP Wealth Advisors LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

EP Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,407 shares of the company’s stock after purchasing an additional 5,663 shares during the quarter. EP Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,429,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $25,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Core Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $38,000. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $38,000. Finally, SOA Wealth Advisors LLC. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after buying an additional 103 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded down $1.05 during trading on Friday, reaching $163.68. The stock had a trading volume of 4,557,057 shares, compared to its average volume of 6,148,987. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The business’s 50-day moving average price is $164.21 and its 200-day moving average price is $160.90. The company has a market cap of $54.82 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).