Beaton Management Co. Inc. Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Beaton Management Co. Inc. grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,707 shares of the company’s stock after acquiring an additional 200 shares during the quarter. Beaton Management Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,526,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RSP. Alpha Financial Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 42.3% in the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after purchasing an additional 1,502 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $163,000. Blue Trust Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 52.5% during the third quarter. Cyndeo Wealth Partners LLC now owns 2,104 shares of the company’s stock valued at $377,000 after acquiring an additional 724 shares in the last quarter. Finally, OLD National Bancorp IN raised its position in shares of Invesco S&P 500 Equal Weight ETF by 43.6% in the 3rd quarter. OLD National Bancorp IN now owns 8,955 shares of the company’s stock valued at $1,604,000 after purchasing an additional 2,720 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

NYSEARCA:RSP opened at $181.08 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company has a market cap of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average is $179.08 and its two-hundred day moving average is $177.98.

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).