Tyche Wealth Partners LLC Takes $623,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tyche Wealth Partners LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,950 shares of the company’s stock, valued at approximately $623,000.

Other institutional investors have also recently bought and sold shares of the company. Castle Rock Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after buying an additional 70 shares during the period. Long Run Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after purchasing an additional 70 shares during the period. CIBC Private Wealth Group LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,672 shares of the company’s stock valued at $1,104,000 after purchasing an additional 70 shares in the last quarter. Seelaus Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.7% during the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after purchasing an additional 72 shares during the period. Finally, YHB Investment Advisors Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 3.5% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after purchasing an additional 75 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded up $0.77 during midday trading on Wednesday, reaching $160.46. 736,399 shares of the company’s stock traded hands, compared to its average volume of 6,556,730. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The business has a 50-day moving average price of $163.79 and a two-hundred day moving average price of $154.04. The company has a market capitalization of $54.48 billion, a P/E ratio of 20.43 and a beta of 0.93.

Invesco S&P 500 Equal Weight ETF 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).