Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Fortune Financial Advisors LLC’s 10th Largest Position

Fortune Financial Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,072 shares of the company’s stock after selling 203 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.4% of Fortune Financial Advisors LLC’s holdings, making the stock its 10th biggest position. Fortune Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,641,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in RSP. SJS Investment Consulting Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

RSP stock opened at $182.74 on Friday. The company has a market cap of $61.21 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average price of $180.39 and a two-hundred day moving average price of $176.97. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16.

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).