SteelPeak Wealth LLC Boosts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SteelPeak Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,828 shares of the company’s stock after buying an additional 1,303 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $818,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of RSP. Partnership Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $25,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. GAMMA Investing LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $38,000. SOA Wealth Advisors LLC. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the period. Finally, Missouri Trust & Investment Co grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the 4th quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after purchasing an additional 197 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

Shares of NYSEARCA RSP traded up $0.12 during midday trading on Friday, reaching $164.28. 4,760,987 shares of the stock were exchanged, compared to its average volume of 6,062,520. The firm has a market cap of $55.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The firm has a 50-day simple moving average of $164.71 and a two-hundred day simple moving average of $162.09.

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).