Keudell Morrison Wealth Management Acquires 411 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Keudell Morrison Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,392 shares of the company’s stock after purchasing an additional 411 shares during the quarter. Keudell Morrison Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $419,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. SJS Investment Consulting Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Richardson Financial Services Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the third 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 period. GHP Investment Advisors Inc. lifted its position 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 valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $182.74 on Friday. The firm has a market cap of $61.21 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average price of $180.39 and a 200 day moving average price of $176.97. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).