Wealth Alliance Advisory Group LLC Grows Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealth Alliance Advisory Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,352 shares of the company’s stock after purchasing an additional 292 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.7% of Wealth Alliance Advisory Group LLC’s portfolio, making the stock its 7th biggest holding. Wealth Alliance Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,410,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Richardson Financial Services Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. Finally, Bristlecone Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $33,000.

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

Shares of NYSEARCA RSP opened at $180.04 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16. The stock has a 50 day moving average of $180.54 and a 200-day moving average of $176.04. The company has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).