Valmark Advisers Inc. Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Valmark Advisers Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,760 shares of the company’s stock after purchasing an additional 4,597 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,586,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. SJS Investment Consulting Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $181.08 on Monday. The company has a 50 day moving average price of $179.08 and a 200-day moving average price of $177.93. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The company has a market capitalization of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90.

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).