Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Modus Advisors LLC

Modus Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 32,860 shares of the company’s stock after buying an additional 1,083 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.8% of Modus Advisors LLC’s portfolio, making the stock its 20th biggest holding. Modus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,758,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $28,000. GHP Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP traded up $0.80 during midday trading on Friday, hitting $175.52. 1,280,692 shares of the stock traded hands, compared to its average volume of 5,071,371. The business’s 50 day moving average price is $181.16 and its two-hundred day moving average price is $175.06. The firm has a market capitalization of $58.79 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.10 and a 1-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).