Centricity Wealth Management LLC Has $1.21 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Centricity Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,978 shares of the company’s stock after buying an additional 2,490 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.1% of Centricity Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Centricity Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,209,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bangor Savings Bank boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.8% in the 1st quarter. Bangor Savings Bank now owns 11,144 shares of the company’s stock valued at $1,930,000 after purchasing an additional 899 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 101.9% in the first quarter. Park Avenue Securities LLC now owns 83,019 shares of the company’s stock valued at $14,381,000 after buying an additional 41,893 shares during the period. Professional Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $873,000. Flagship Private Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% during the 1st quarter. Flagship Private Wealth LLC now owns 6,214 shares of the company’s stock worth $1,076,000 after acquiring an additional 299 shares during the period. Finally, Wealthcare Capital Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 17.1% during the 1st quarter. Wealthcare Capital Partners LLC now owns 2,514 shares of the company’s stock worth $435,000 after acquiring an additional 368 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

NYSEARCA:RSP opened at $178.69 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The stock’s fifty day simple moving average is $169.94 and its 200-day simple moving average is $175.83. The firm has a market capitalization of $72.23 billion, a P/E ratio of 20.59 and a beta of 0.99.

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).