9,041 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 67.2% during the third quarter, Holdings Channel.com reports. The fund owned 22,490 shares of the company’s stock after acquiring an additional 9,041 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,678,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of RSP. ADG Wealth Management Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the third quarter. ADG Wealth Management Group LLC now owns 86,676 shares of the company’s stock valued at $18,030,000 after buying an additional 1,002 shares during the last quarter. Sigma Planning Corp purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $12,302,000. Samalin Investment Counsel LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $5,233,000. Summit Place Financial Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 31.0% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 2,326 shares of the company’s stock worth $484,000 after acquiring an additional 550 shares during the last quarter. Finally, Compass Ion Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $222,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $217.29 on Tuesday. The business’s 50-day simple moving average is $215.35 and its two-hundred day simple moving average is $207.21. The company has a market cap of $99.69 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43.

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.