Avior Wealth Management LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Avior Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.0% in the first quarter, Holdings Channel.com reports. The fund owned 5,469 shares of the company’s stock after buying an additional 1,197 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. Ironwood Wealth Management LLC. lifted its position in Invesco S&P 500 Equal Weight ETF by 12.7% in the fourth quarter. Ironwood Wealth Management LLC. now owns 31,036 shares of the company’s stock valued at $5,438,000 after acquiring an additional 3,500 shares during the last quarter. Brighton Jones LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Van ECK Associates Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the last quarter. Finally, PMG Wealth Management Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $5,603,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $177.65 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The stock has a market cap of $71.81 billion, a PE ratio of 20.59 and a beta of 0.99. The firm has a fifty day moving average price of $173.35 and a 200 day moving average price of $175.31.

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).