Talon Private Wealth LLC Invests $1.86 Million in Invesco S&P 500 Equal Weight ETF $RSP

Talon Private Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,719 shares of the company’s stock, valued at approximately $1,865,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brookstone Capital Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares during the last quarter. Banta Asset Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $1,654,000. Allen Investment Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares during the last quarter. Vise Technologies Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 144.2% during the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after buying an additional 2,983 shares during the last quarter. Finally, Refined Wealth Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $606,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $217.69 on Wednesday. The stock has a market capitalization of $97.74 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $218.05. The firm’s fifty day simple moving average is $211.10 and its 200-day simple moving average is $203.40.

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). 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.