Johnson Investment Counsel Inc. Has $2.22 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Johnson Investment Counsel Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,660 shares of the company’s stock after buying an additional 1,899 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,218,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Moran Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.1% during the 4th quarter. Moran Wealth Management LLC now owns 179,495 shares of the company’s stock worth $31,453,000 after buying an additional 1,934 shares during the period. New Insight Wealth Advisors raised its stake in Invesco S&P 500 Equal Weight ETF by 54.0% during the 4th quarter. New Insight Wealth Advisors now owns 54,365 shares of the company’s stock worth $9,526,000 after buying an additional 19,072 shares during the period. Simplicity Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 8.1% during the 4th quarter. Simplicity Wealth LLC now owns 19,421 shares of the company’s stock worth $3,403,000 after buying an additional 1,461 shares during the period. Sound View Wealth Advisors Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.3% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 1,349 shares of the company’s stock worth $236,000 after purchasing an additional 179 shares during the last quarter. Finally, Ceera Investments LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $267,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $171.88 on Wednesday. The company has a market cap of $71.45 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The business has a 50 day moving average price of $178.99 and a 200-day moving average price of $179.17.

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).