2,958 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by CDM Financial Counseling Services Inc.

CDM Financial Counseling Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,958 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds have also recently made changes to their positions in RSP. Pacific Point Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after acquiring an additional 52 shares during the period. Drucker Wealth 3.0 LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the period. Finally, HORAN Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. HORAN Wealth LLC now owns 4,770 shares of the company’s stock valued at $914,000 after buying an additional 56 shares during the period. 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 RSP stock opened at $201.56 on Monday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $173.00 and a 52 week high of $205.53. The stock has a market capitalization of $86.95 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a 50 day moving average of $197.89 and a two-hundred day moving average of $195.95.

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.