Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 96,808 shares of the company’s stock after buying an additional 2,293 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 0.8% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 19th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of RSP. CPA Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares in the last quarter. Abound Wealth Management raised its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after acquiring an additional 63 shares in the last quarter. Delta Investment Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after acquiring an additional 65 shares during the period. Finally, Founders Financial Alliance LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after purchasing an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $177.85 on Thursday. The stock has a fifty day moving average price of $180.80 and a two-hundred day moving average price of $175.79. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The firm has a market cap of $59.57 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).