Wealth Enhancement Advisory Services LLC Purchases 99,720 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealth Enhancement Advisory Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 366,115 shares of the company’s stock after buying an additional 99,720 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.11% of Invesco S&P 500 Equal Weight ETF worth $62,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Castle Rock Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after buying an additional 70 shares during the last quarter. Long Run Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after purchasing an additional 70 shares in the last quarter. SignalPoint Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 1st quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock worth $293,000 after purchasing an additional 70 shares in the last quarter. Seelaus Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.7% in the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after purchasing an additional 72 shares in the last quarter. Finally, YHB Investment Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock worth $351,000 after purchasing an additional 75 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4 %

Shares of NYSEARCA RSP opened at $164.89 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The firm has a market capitalization of $55.23 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a fifty day simple moving average of $164.52 and a two-hundred day simple moving average of $161.87.

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).