Arkadios Wealth Advisors Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Arkadios Wealth Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,372 shares of the company’s stock after purchasing an additional 4,178 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 0.5% of Arkadios Wealth Advisors’ portfolio, making the stock its 29th biggest holding. Arkadios Wealth Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $9,878,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Riversedge Advisors LLC boosted 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 during the last quarter. Blue Trust Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares during the last quarter. Brightwater Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $3,227,000. Montis Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% during the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after acquiring an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after acquiring an additional 2,206 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

RSP opened at $180.04 on Friday. The company has a market cap of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average is $180.54 and its 200 day moving average is $175.95. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.16 and a 12-month high of $188.16.

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).