Opal Wealth Advisors LLC Has $560,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Opal Wealth Advisors LLC lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,194 shares of the company’s stock after selling 105 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $560,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. raised its holdings 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 valued at $25,000 after purchasing an additional 88 shares during the last quarter. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $180.22 on Monday. The business’s 50-day simple moving average is $179.62 and its 200 day simple moving average is $177.52. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16. The firm has a market capitalization of $60.36 billion, a PE 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).