Signal Advisors Wealth LLC Has $14.97 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Signal Advisors Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78,144 shares of the company’s stock after buying an additional 5,528 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.2% of Signal Advisors Wealth LLC’s holdings, making the stock its 17th biggest holding. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,969,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of RSP. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Aviso Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $29,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $32,000. Finally, IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $192.85 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The company has a market cap of $79.97 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm has a 50 day simple moving average of $199.27 and a 200 day simple moving average of $193.44.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.