Private Advisor Group LLC Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 579,484 shares of the company’s stock after buying an additional 13,234 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $101,543,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in RSP. SJS Investment Consulting Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Invesco S&P 500 Equal Weight ETF stock opened at $182.47 on Wednesday. The firm has a market cap of $61.12 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a fifty day simple moving average of $179.01 and a two-hundred day simple moving average of $178.06. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16.

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).