5,096 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Acquired by Clientfirst Wealth Management LLC

Clientfirst Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,096 shares of the company’s stock, valued at approximately $893,000. Invesco S&P 500 Equal Weight ETF accounts for about 0.9% of Clientfirst Wealth Management LLC’s investment portfolio, making the stock its 14th largest position.

Other institutional investors also recently made changes to their positions in the company. Sandy Cove Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $222,000. Riversedge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares in the last quarter. Telos Capital Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after purchasing an additional 808 shares during the period. Blue Trust Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares in the last quarter. Finally, Montis Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $180.22 on Friday. The company has a market capitalization of $60.36 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.16 and a 1-year high of $188.16. The business has a 50-day moving average of $179.77 and a 200-day moving average of $177.39.

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).