Simon Quick Advisors LLC Buys New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Simon Quick Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,953 shares of the company’s stock, valued at approximately $518,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 4th quarter. Sheets Smith Wealth Management now owns 38,163 shares of the company’s stock valued at $6,687,000 after acquiring an additional 521 shares during the period. Beaumont Financial Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares during the period. Transform Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 27.9% in the fourth quarter. Transform Wealth LLC now owns 19,074 shares of the company’s stock valued at $3,342,000 after purchasing an additional 4,162 shares during the period. Courage Miller Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.9% during the fourth quarter. Courage Miller Partners LLC now owns 50,552 shares of the company’s stock worth $8,858,000 after purchasing an additional 1,416 shares in the last quarter. Finally, Clear Harbor Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.3% in the fourth quarter. Clear Harbor Asset Management LLC now owns 15,271 shares of the company’s stock worth $2,676,000 after buying an additional 1,041 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $181.49 on Thursday. The firm has a market cap of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $155.79 and a 1 year high of $188.16. The stock has a 50-day simple moving average of $180.41 and a 200-day simple moving average of $176.37.

Invesco S&P 500 Equal Weight ETF 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).