Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 163.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,949 shares of the company’s stock after buying an additional 2,449 shares during the period. Fortis Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $623,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Partnership Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $25,000. Howe & Rusling Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Core Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $38,000. GAMMA Investing LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $38,000. Finally, SOA Wealth Advisors LLC. increased its position in Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded up $1.09 on Friday, hitting $165.94. 3,252,218 shares of the company were exchanged, compared to its average volume of 6,224,576. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The business’s fifty day moving average is $164.89 and its two-hundred day moving average is $158.87. The stock has a market capitalization of $55.58 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).