RWA Wealth Partners LLC Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

RWA Wealth Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 83.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,805 shares of the company’s stock after acquiring an additional 2,642 shares during the quarter. RWA Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $916,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Castle Rock Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock worth $926,000 after buying an additional 70 shares during the period. Long Run Wealth Advisors LLC increased its stake in 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 buying an additional 70 shares during the period. Seelaus Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.7% in the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after buying an additional 72 shares during the period. YHB Investment Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 3.5% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after buying an additional 75 shares during the period. Finally, Sfmg LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.7% in the 3rd quarter. Sfmg LLC now owns 2,896 shares of the company’s stock worth $410,000 after buying an additional 76 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $162.69 on Thursday. The company has a market capitalization of $55.24 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The firm’s 50-day moving average is $164.03 and its 200 day moving average is $154.84.

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).