Sax Wealth Advisors LLC Buys 9,887 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Sax Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 105.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,281 shares of the company’s stock after acquiring an additional 9,887 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,504,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares during the period. Rhumbline Advisers boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the first quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after buying an additional 873 shares during the period. Finally, UMB Bank n.a. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 19.8% during the first quarter. UMB Bank n.a. now owns 10,558 shares of the company’s stock valued at $1,829,000 after buying an additional 1,742 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $190.35 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30. The business has a 50 day simple moving average of $187.39 and a two-hundred day simple moving average of $179.39. The firm has a market capitalization of $74.82 billion, a PE ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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