Duncan Williams Asset Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Duncan Williams Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,164 shares of the company’s stock, valued at approximately $730,000.

Several other institutional investors also recently modified their holdings of RSP. Precedent Wealth Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.5% during the 4th quarter. Precedent Wealth Partners LLC now owns 17,666 shares of the company’s stock valued at $3,096,000 after acquiring an additional 1,528 shares during the period. Moody Lynn & Lieberson LLC grew its position in Invesco S&P 500 Equal Weight ETF by 12.7% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 8,484 shares of the company’s stock worth $1,487,000 after purchasing an additional 956 shares during the period. Alan B Lancz & Associates Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 41.7% during the 4th quarter. Alan B Lancz & Associates Inc. now owns 2,550 shares of the company’s stock valued at $447,000 after buying an additional 750 shares during the last quarter. Jacksonville Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $8,093,000. Finally, Flagship Harbor Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 583.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 11,606 shares of the company’s stock worth $2,034,000 after buying an additional 9,909 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.19 on Friday. The stock has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average of $180.39 and a 200 day moving average of $176.57. Invesco S&P 500 Equal Weight ETF has a one year low of $155.79 and a one year high of $188.16.

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).