Atlas Wealth LLC Has $23.48 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atlas Wealth LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,010 shares of the company’s stock after buying an additional 1,721 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 8.9% of Atlas Wealth LLC’s portfolio, making the stock its 2nd biggest position. Atlas Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,483,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keene & Associates Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after purchasing an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the last quarter. Ingalls & Snyder LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after purchasing an additional 58 shares in the last quarter. Finally, Boston Standard Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $174.64 on Friday. The company has a market cap of $72.76 billion, a PE ratio of 20.93 and a beta of 1.07. The firm has a 50-day moving average of $178.64 and a 200-day moving average of $179.04. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.