Valmark Advisers Inc. Acquires 4,597 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Valmark Advisers Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,760 shares of the company’s stock after acquiring an additional 4,597 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,586,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. L.M. Kohn & Company increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.0% in the fourth quarter. L.M. Kohn & Company now owns 7,902 shares of the company’s stock worth $1,385,000 after purchasing an additional 583 shares during the last quarter. Csenge Advisory Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the fourth quarter. Csenge Advisory Group now owns 575,881 shares of the company’s stock worth $100,912,000 after purchasing an additional 7,388 shares during the last quarter. MN Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 28.2% in the fourth quarter. MN Wealth Advisors LLC now owns 8,208 shares of the company’s stock worth $1,438,000 after purchasing an additional 1,806 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 135.0% in the fourth quarter. Allworth Financial LP now owns 74,089 shares of the company’s stock worth $13,446,000 after purchasing an additional 42,568 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

Shares of RSP stock opened at $181.08 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The stock’s 50-day moving average price is $179.08 and its 200-day moving average price is $177.93. The stock has a market capitalization of $60.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).