Acima Private Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 34.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,265 shares of the company’s stock after purchasing an additional 10,226 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.4% of Acima Private Wealth LLC’s investment portfolio, making the stock its 14th largest holding. Acima Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,056,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. Fortress Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $6,681,000. Pettyjohn Wood & White Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 18.9% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 24,815 shares of the company’s stock valued at $4,348,000 after buying an additional 3,936 shares in the last quarter. Verus Capital Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 19.0% in the 4th quarter. Verus Capital Partners LLC now owns 1,977 shares of the company’s stock valued at $346,000 after buying an additional 315 shares in the last quarter. QRG Capital Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.9% in the 4th quarter. QRG Capital Management Inc. now owns 3,398 shares of the company’s stock valued at $595,000 after buying an additional 160 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $19,652,000.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP stock opened at $178.20 on Friday. The stock’s fifty day simple moving average is $179.08 and its 200 day simple moving average is $178.74. The firm has a market cap of $74.07 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 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).
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