FPC Investment Advisory Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

FPC Investment Advisory Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 152 shares of the company’s stock, valued at approximately $28,000.

A number of other large investors also recently added to or reduced their stakes in the company. Pinnacle Financial Partners Inc lifted its stake in Invesco S&P 500 Equal Weight ETF by 8.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 25,342 shares of the company’s stock worth $4,480,000 after purchasing an additional 1,895 shares in the last quarter. Cowa LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 208.0% during the fourth quarter. Cowa LLC now owns 41,215 shares of the company’s stock worth $7,222,000 after acquiring an additional 27,832 shares during the period. Sigma Planning Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Sigma Planning Corp now owns 90,158 shares of the company’s stock worth $15,798,000 after acquiring an additional 3,306 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $320,000. Finally, Winebrenner Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $409,000.

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

Invesco S&P 500 Equal Weight ETF stock opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The stock’s fifty day simple moving average is $178.93 and its 200-day simple moving average is $178.44. The firm has a market capitalization of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).