Curry Webb Wealth Management LLC Takes Position in Invesco S&P 500 Equal Weight ETF $RSP

Curry Webb Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, Holdings Channel reports. The fund acquired 7,131 shares of the company’s stock, valued at approximately $1,369,000.

Several other institutional investors have also recently made changes to their positions in the company. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Hurley Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares in the last quarter. Asset Dedication LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $36,000. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $40,000. Finally, Raleigh Capital Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $215.01 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $218.11. The company has a market capitalization of $97.26 billion, a PE ratio of 20.10 and a beta of 0.91. The business has a fifty day moving average price of $211.72 and a two-hundred day moving average price of $203.78.

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.