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

MN Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% in the 3rd quarter, Holdings Channel reports. The fund owned 6,402 shares of the company’s stock after acquiring an additional 284 shares during the quarter. MN Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 193.4% during the 4th quarter. Fisher Asset Management LLC now owns 9,980 shares of the company’s stock worth $1,575,000 after purchasing an additional 6,578 shares during the period. GAMMA Investing LLC increased its position in Invesco S&P 500 Equal Weight ETF by 232.0% during the 1st quarter. GAMMA Investing LLC now owns 800 shares of the company’s stock worth $135,000 after purchasing an additional 559 shares during the period. Beese Fulmer Investment Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $201,000. Farmers Trust Co. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $328,000. Finally, Curbstone Financial Management Corp increased its position in Invesco S&P 500 Equal Weight ETF by 2.3% during the 1st quarter. Curbstone Financial Management Corp now owns 39,557 shares of the company’s stock worth $6,700,000 after purchasing an additional 890 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

NYSEARCA RSP opened at $180.43 on Wednesday. The business’s 50 day moving average is $174.47 and its two-hundred day moving average is $168.54. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The stock has a market capitalization of $60.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).