World Investment Advisors Acquires 7,159 Shares of Invesco S&P 500 Equal Weight ETF $RSP

World Investment Advisors raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 33,744 shares of the company’s stock after buying an additional 7,159 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $6,464,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Farmers National Bank lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the 4th quarter. Farmers National Bank now owns 14,868 shares of the company’s stock worth $2,848,000 after acquiring an additional 114 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. DUTCH ASSET Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $320,000. Larry Mathis Financial Planning LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $1,288,000. Finally, Rubicon Advisors GP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $660,000. Institutional investors own 61.18% of the company’s stock.

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

Invesco S&P 500 Equal Weight ETF stock opened at $206.58 on Friday. The firm has a 50-day moving average price of $198.46 and a 200-day moving average price of $196.43. The firm has a market capitalization of $89.12 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12-month low of $173.00 and a 12-month high of $206.97.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.