Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Compass Wealth Management LLC’s 2nd Largest Position

Compass Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 114,399 shares of the company’s stock after buying an additional 5,491 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 4.8% of Compass Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Compass Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,046,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Nikulski Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $251,000. Grange Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $6,245,000. Grimes & Company Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the fourth quarter. Grimes & Company Inc. now owns 181,371 shares of the company’s stock worth $31,782,000 after buying an additional 3,076 shares during the period. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 29.7% in the 4th quarter. Geneos Wealth Management Inc. now owns 69,146 shares of the company’s stock valued at $12,116,000 after buying an additional 15,822 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $182.19 on Friday. The company has a market cap of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16. The company has a 50-day moving average of $180.39 and a 200-day moving average of $176.57.

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).