Crestwood Advisors Group LLC Purchases 460 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Crestwood Advisors Group LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,042 shares of the company’s stock after acquiring an additional 460 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $358,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of RSP. Blue Trust Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares during the period. Pettinga Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $529,000. GHP Investment Advisors Inc. raised its stake 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 worth $29,000 after buying an additional 72 shares during the period. TCI Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $248,000. Finally, Pallas Capital Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the third quarter. Pallas Capital Advisors LLC now owns 38,801 shares of the company’s stock worth $6,944,000 after buying an additional 1,829 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

NYSEARCA RSP opened at $180.15 on Wednesday. The stock’s 50-day moving average price is $178.90 and its 200-day moving average price is $178.74. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The company has a market capitalization of $60.34 billion, a P/E 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).