Grantvest Financial Group LLC Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Grantvest Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 6,847 shares of the company’s stock, valued at approximately $1,200,000. Invesco S&P 500 Equal Weight ETF makes up 1.3% of Grantvest Financial Group LLC’s investment portfolio, making the stock its 20th largest position.

Several other large investors also recently bought and sold shares of the stock. Beta Wealth Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth 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 during the last quarter. Tidemark LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares during the last quarter. Ceera Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $267,000. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $222,000. Finally, Permanent Capital Management LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $25,956,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

RSP opened at $173.84 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The firm has a 50 day moving average of $178.66 and a two-hundred day moving average of $179.10. The firm has a market capitalization of $72.42 billion, a PE ratio of 20.93 and a beta of 1.07.

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).