Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Boosted by Meadow Creek Wealth Advisors LLC

Meadow Creek Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the 4th quarter, Holdings Channel reports. The firm owned 13,371 shares of the company’s stock after purchasing an additional 629 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of Meadow Creek Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Meadow Creek Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,343,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Beaumont Financial Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares during the period. Boston Standard Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after purchasing an additional 61 shares during the period. CPA Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the period. Inlet Private Wealth LLC boosted its position 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 purchasing an additional 63 shares during the period. Finally, Abound Wealth Management increased its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the period.

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

RSP stock opened at $181.35 on Thursday. The stock has a market cap of $60.74 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s 50-day simple moving average is $180.00 and its 200 day simple moving average is $177.34. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week 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).