Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Lifted by Sagace Wealth Management LLC

Sagace Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 53.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,787 shares of the company’s stock after buying an additional 12,843 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 4.8% of Sagace Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Sagace Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its holdings in shares of 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 acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %

Shares of NYSEARCA:RSP opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The firm’s 50 day moving average is $180.80 and its two-hundred day moving average is $175.79. The firm has a market capitalization of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).