Clientfirst Wealth Management LLC Buys New Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Clientfirst Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,096 shares of the company’s stock, valued at approximately $893,000. Invesco S&P 500 Equal Weight ETF makes up 0.9% of Clientfirst Wealth Management LLC’s holdings, making the stock its 14th largest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Quattro Financial Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 28.1% in the 4th quarter. Quattro Financial Advisors LLC now owns 100,325 shares of the company’s stock valued at $18,262,000 after purchasing an additional 22,009 shares during the last quarter. Cidel Asset Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $13,684,000. Platform Technology Partners lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 23.4% during the fourth quarter. Platform Technology Partners now owns 3,243 shares of the company’s stock valued at $568,000 after buying an additional 615 shares during the period. Dodds Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Dodds Wealth LLC now owns 11,827 shares of the company’s stock worth $2,146,000 after acquiring an additional 69 shares during the last quarter. Finally, Sageworth Trust Co grew its stake in Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Sageworth Trust Co now owns 88,474 shares of the company’s stock worth $15,503,000 after acquiring an additional 3,858 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16. The business’s fifty day moving average is $179.77 and its two-hundred day moving average is $177.39. The firm has a market cap of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90.

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).