Ironwood Wealth Management LLC. Raises Position in Invesco S&P 500 Equal Weight ETF $RSP

Ironwood Wealth Management LLC. lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,015 shares of the company’s stock after purchasing an additional 3,514 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.7% of Ironwood Wealth Management LLC.’s holdings, making the stock its 15th largest position. Ironwood Wealth Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,101,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of 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 worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $11,553,000. Finally, Rhumbline Advisers increased its holdings in Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Rhumbline Advisers now owns 22,322 shares of the company’s stock worth $4,057,000 after acquiring an additional 7,086 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 2.0%

NYSEARCA RSP opened at $191.92 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The stock has a market cap of $79.59 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s 50 day moving average is $198.58 and its two-hundred day moving average is $193.51.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.