Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Sharp Financial Services LLC

Sharp Financial Services LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,036 shares of the company’s stock after buying an additional 887 shares during the quarter. Sharp Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $532,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Beaumont Financial Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares in the last quarter. CPA Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares in the last quarter. Inlet Private Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Abound Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after purchasing an additional 63 shares in the last quarter. Finally, Delta Investment Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares in the last quarter.

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

Shares of RSP opened at $181.49 on Thursday. The stock has a 50 day moving average price of $180.41 and a 200 day moving average price of $176.37. The company has a market capitalization of $60.79 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16.

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).