Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Increased by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 184,338 shares of the company’s stock after buying an additional 35,794 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 10.7% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its biggest position. Kaydan Wealth Management Inc. owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $32,302,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of RSP. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000. Richardson Financial Services Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Finally, Bristlecone Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $33,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.16 and a twelve month high of $188.16. The firm has a market capitalization of $60.30 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average price is $180.54 and its 200 day moving average price is $176.12.

Invesco S&P 500 Equal Weight ETF Company 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).