Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 114,053 shares of the company’s stock after buying an additional 19,175 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 4.9% of Evernest Financial Advisors LLC’s portfolio, making the stock its 5th biggest position. Evernest Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Dorato Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000. Hurley Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $214.23 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The company has a 50 day moving average price of $208.80 and a 200 day moving average price of $201.85. The stock has a market capitalization of $96.70 billion, a P/E 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.