Perryman Financial Advisory Inc. AD Makes New $3.01 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Perryman Financial Advisory Inc. AD 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 15,736 shares of the company’s stock, valued at approximately $3,014,000.

Other large investors also recently added to or reduced their stakes in the company. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $26,000. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $35,000. Finally, Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $211.65 on Monday. The stock’s fifty day moving average is $203.40 and its two-hundred day moving average is $198.83. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $212.12. The stock has a market capitalization of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF Company 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.