Townsend Asset Management Corp NC ADV Buys 571 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Townsend Asset Management Corp NC ADV grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,684 shares of the company’s stock after buying an additional 571 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Pettinga Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $529,000. QRG Capital Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.3% in the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock worth $580,000 after purchasing an additional 219 shares during the last quarter. United Advisor Group LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.6% in the third quarter. United Advisor Group LLC now owns 2,023 shares of the company’s stock worth $362,000 after purchasing an additional 345 shares during the last quarter. Focused Wealth Management Inc grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Focused Wealth Management Inc now owns 72,628 shares of the company’s stock worth $13,012,000 after purchasing an additional 279 shares during the last quarter. Finally, JFG Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $295,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $177.01 on Thursday. The stock has a market capitalization of $73.58 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The business’s 50-day moving average is $179.13 and its 200 day moving average is $179.07.

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).