Forvis Mazars Wealth Advisors LLC Has $20 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Forvis Mazars Wealth Advisors LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,110 shares of the company’s stock after selling 17,223 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,996,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Van ECK Associates Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the period. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Finally, GHP Investment Advisors Inc. grew its holdings 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 period.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $179.82 on Friday. The business has a 50-day moving average price of $178.93 and a two-hundred day moving average price of $178.44. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The company has a market cap of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).