Townsend Asset Management Corp NC ADV Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Townsend Asset Management Corp NC ADV raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,684 shares of the company’s stock after purchasing an additional 571 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. raised its stake 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 purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of 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 last quarter. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $28,000. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $29,000. Finally, Hemington Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the last quarter.

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

RSP stock opened at $177.01 on Thursday. The firm has a market cap of $73.58 billion, a PE ratio of 21.37 and a beta of 1.07. The business has a 50 day moving average of $179.13 and a 200-day moving average of $179.07. 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 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).