Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Muirfield Wealth Advisors LLC’s Largest Position

Muirfield Wealth Advisors LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,376 shares of the company’s stock after selling 617 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 11.4% of Muirfield Wealth Advisors LLC’s holdings, making the stock its biggest position. Muirfield Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,404,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in RSP. Ironwood Wealth Management LLC. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 12.7% during the fourth quarter. Ironwood Wealth Management LLC. now owns 31,036 shares of the company’s stock worth $5,438,000 after buying an additional 3,500 shares in the last quarter. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000. Kingsview Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 15,078 shares of the company’s stock worth $2,642,000 after acquiring an additional 487 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 23,422 shares of the company’s stock worth $4,104,000 after acquiring an additional 2,376 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $178.69 on Monday. The business has a 50 day moving average price of $169.94 and a 200 day moving average price of $175.83. The company 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 has a 1-year low of $150.35 and a 1-year 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).