Sightline Wealth Advisors LLC Has $25.23 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sightline Wealth Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 143,978 shares of the company’s stock after selling 3,798 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 13.6% of Sightline Wealth Advisors LLC’s investment portfolio, making the stock its largest holding. Sightline Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,229,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Pallas Capital Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 38,917 shares of the company’s stock worth $6,819,000 after acquiring an additional 116 shares during the period. Miracle Mile Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $17,966,000. Davis Investment Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the fourth quarter. Davis Investment Partners LLC now owns 161,406 shares of the company’s stock valued at $27,990,000 after buying an additional 3,399 shares during the last quarter. Bar Harbor Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.6% in the fourth quarter. Bar Harbor Wealth Management now owns 1,705 shares of the company’s stock valued at $299,000 after buying an additional 150 shares during the period. Finally, Vigilare Wealth Management grew its position in Invesco S&P 500 Equal Weight ETF by 199.2% during the fourth quarter. Vigilare Wealth Management now owns 6,981 shares of the company’s stock worth $1,223,000 after buying an additional 4,648 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

RSP traded up $1.42 on Monday, hitting $174.67. 8,181,126 shares of the stock traded hands, compared to its average volume of 7,662,494. The business has a fifty day moving average price of $180.89 and a two-hundred day moving average price of $175.64. The firm has a market capitalization of $58.50 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16.

About Invesco S&P 500 Equal Weight ETF

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).