New England Capital Financial Advisors LLC Grows Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

New England Capital Financial Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,103 shares of the company’s stock after buying an additional 1,848 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 9.3% of New England Capital Financial Advisors LLC’s holdings, making the stock its 2nd largest holding. New England Capital Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,118,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SJS Investment Consulting Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the period. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Finally, Richardson Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $179.82 on Friday. The firm has a market capitalization of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The company has a 50-day moving average of $178.93 and a 200 day moving average of $178.44.

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).