Mosaic Family Wealth Partners LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Mosaic Family Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.5% during the first quarter, Holdings Channel.com reports. The firm owned 6,908 shares of the company’s stock after buying an additional 2,466 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,326,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Cary Street Partners Investment Advisory LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after buying an additional 51 shares during the period. Ballast Rock Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after acquiring an additional 51 shares in the last quarter. Pacific Point Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after acquiring an additional 52 shares during the period. Merkkuri Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock valued at $2,277,000 after acquiring an additional 54 shares during the period. Finally, Jessup Wealth Management Inc raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.8% in the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after acquiring an additional 55 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

RSP opened at $213.50 on Friday. The firm has a market cap of $95.28 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $216.37. The stock has a fifty day moving average price of $208.30 and a 200-day moving average price of $201.55.

About Invesco S&P 500 Equal Weight ETF

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.