Net Worth Advisory Group Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Net Worth Advisory Group boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,383 shares of the company’s stock after purchasing an additional 1,385 shares during the quarter. Net Worth Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Beta Wealth Group Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares in the last quarter. Ceera Investments LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $267,000. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $222,000. Permanent Capital Management LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $25,956,000. Finally, Strategic Financial Concepts LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after buying an additional 33,861 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.20 on Tuesday. The firm’s fifty day moving average price is $179.06 and its 200-day moving average price is $179.19. The stock has a market cap of $72.41 billion, a P/E ratio of 21.37 and a beta of 1.07. 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.

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).