Meridian Wealth Advisors LLC Purchases 700 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Meridian Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,699 shares of the company’s stock after buying an additional 700 shares during the period. Meridian Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $648,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000. Finally, Hemington Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.0% during the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares in the last quarter.

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

Invesco S&P 500 Equal Weight ETF stock opened at $173.84 on Friday. The firm has a market cap of $72.42 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The stock has a fifty day simple moving average of $178.66 and a two-hundred day simple moving average of $179.06. 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).