Benchmark Financial Wealth Advisors LLC Has $5.55 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Benchmark Financial Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 30,988 shares of the company’s stock after buying an additional 195 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.9% of Benchmark Financial Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Benchmark Financial Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Leslie Global Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $278,000. Guidance Point Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $206,000. Catalina Capital Group LLC grew its position in Invesco S&P 500 Equal Weight ETF by 10.2% during the 3rd quarter. Catalina Capital Group LLC now owns 19,056 shares of the company’s stock worth $3,414,000 after acquiring an additional 1,757 shares during the last quarter. Avidian Wealth Enterprises LLC grew its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 17,813 shares of the company’s stock worth $3,191,000 after acquiring an additional 203 shares during the last quarter. Finally, Beacon Financial Advisory LLC grew its position in Invesco S&P 500 Equal Weight ETF by 8.1% during the 3rd quarter. Beacon Financial Advisory LLC now owns 6,457 shares of the company’s stock worth $1,157,000 after acquiring an additional 485 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.2 %

NYSEARCA RSP opened at $178.67 on Wednesday. The business’s 50-day moving average price is $177.16 and its two-hundred day moving average price is $170.13. Invesco S&P 500 Equal Weight ETF has a 12 month low of $139.03 and a 12 month high of $182.22. The firm has a market capitalization of $59.84 billion, a PE 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).