Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,420 shares of the company’s stock after purchasing an additional 3,799 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.3% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Acorn Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,053,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Pine Valley Investments Ltd Liability Co grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3,207.7% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 10,939 shares of the company’s stock valued at $1,917,000 after purchasing an additional 11,291 shares during the last quarter. Prasad Wealth Partners LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $7,308,000. BankPlus Trust Department acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $210,000. Rothschild Investment LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 28.4% during the fourth quarter. Rothschild Investment LLC now owns 36,593 shares of the company’s stock valued at $6,412,000 after buying an additional 8,095 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 29.1% in the 4th quarter. Crestwood Advisors Group LLC now owns 2,042 shares of the company’s stock worth $358,000 after buying an additional 460 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $179.97 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm has a market capitalization of $60.28 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average of $178.90 and a two-hundred day moving average of $178.65.

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).