C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $1.50 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,570 shares of the company’s stock, valued at approximately $1,502,000.

A number of other hedge funds have also recently bought and sold shares of RSP. Alpha Financial Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $163,000. Blue Trust Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the period. Cyndeo Wealth Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 52.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 2,104 shares of the company’s stock valued at $377,000 after purchasing an additional 724 shares during the period. Finally, OLD National Bancorp IN boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 43.6% in the 3rd quarter. OLD National Bancorp IN now owns 8,955 shares of the company’s stock valued at $1,604,000 after purchasing an additional 2,720 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

NYSEARCA:RSP opened at $182.47 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The firm has a market capitalization of $61.12 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a fifty day simple moving average of $179.01 and a 200 day simple moving average of $178.06.

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).