Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 80.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,896 shares of the company’s stock after buying an additional 10,196 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.0% of Paulson Wealth Management Inc.’s holdings, making the stock its 18th largest holding. Paulson Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,386,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NBZ Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $26,000. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. IMA Advisory Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $35,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of RSP stock opened at $203.66 on Friday. The firm has a fifty day simple moving average of $197.92 and a 200-day simple moving average of $195.88. The company has a market capitalization of $87.86 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $205.53.

Invesco S&P 500 Equal Weight ETF 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.