Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Lifted by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,421 shares of the company’s stock after purchasing an additional 1,461 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 0.7% of Simplicity Wealth LLC’s holdings, making the stock its 29th largest position. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sound View Wealth Advisors Group LLC grew its position in Invesco S&P 500 Equal Weight ETF by 15.3% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 1,349 shares of the company’s stock valued at $236,000 after purchasing an additional 179 shares in the last quarter. Ceera Investments LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $267,000. Sowell Financial Services LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 87.9% in the fourth quarter. Sowell Financial Services LLC now owns 56,507 shares of the company’s stock valued at $9,902,000 after acquiring an additional 26,427 shares during the last quarter. BOK Financial Private Wealth Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 14,305 shares of the company’s stock valued at $2,507,000 after acquiring an additional 357 shares during the last quarter. Finally, Horan Securities Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $510,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

NYSEARCA RSP opened at $176.69 on Monday. The stock has a market capitalization of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07. The company has a 50 day moving average price of $179.07 and a two-hundred day moving average price of $179.17. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).