Retirement Financial Solutions LLC Buys Shares of 58,219 Invesco S&P 500 Equal Weight ETF $RSP

Retirement Financial Solutions LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 58,219 shares of the company’s stock, valued at approximately $11,152,000. Invesco S&P 500 Equal Weight ETF accounts for 3.3% of Retirement Financial Solutions LLC’s holdings, making the stock its 14th largest holding.

Several other large investors have also modified their holdings of RSP. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $26,000. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $35,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $211.65 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $212.12. The business has a 50 day simple moving average of $203.40 and a two-hundred day simple moving average of $198.83. The firm has a market capitalization of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91.

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.