Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Boosted by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 54.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,892 shares of the company’s stock after purchasing an additional 14,013 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 0.8% of Signal Advisors Wealth LLC’s portfolio, making the stock its 28th largest holding. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,990,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. CPA Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the period. Inlet Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after acquiring an additional 63 shares during the last quarter. Abound Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after acquiring an additional 63 shares in the last quarter. Delta Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after acquiring an additional 65 shares in the last quarter. Finally, Founders Financial Alliance LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.4% during the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after purchasing an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $174.67 on Tuesday. The firm has a market cap of $58.50 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The stock’s 50-day moving average is $180.85 and its two-hundred day moving average is $175.71.

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).