IHT Wealth Management LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IHT Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,435 shares of the company’s stock after purchasing an additional 908 shares during the period. IHT Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,466,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Beta Wealth Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares in the last quarter. Tidemark LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.4% in the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares in the last quarter. Ceera Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $267,000. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $222,000. Finally, Permanent Capital Management LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $25,956,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

Shares of RSP opened at $162.66 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The firm has a market capitalization of $67.95 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. The firm’s 50-day moving average price is $172.18 and its 200-day moving average price is $177.51.

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).