Encompass More Asset Management Acquires 732 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Encompass More Asset Management increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.8% during the 4th quarter, HoldingsChannel reports. The firm owned 3,686 shares of the company’s stock after purchasing an additional 732 shares during the period. Encompass More Asset Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $646,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of RSP. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000. Richardson Financial Services Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

Shares of RSP opened at $182.36 on Friday. The stock has a market capitalization of $61.08 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16. The firm has a fifty day simple moving average of $180.36 and a 200 day simple moving average of $176.40.

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).