New England Capital Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 109,103 shares of the company’s stock after purchasing an additional 1,848 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 9.3% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 2nd biggest position. New England Capital Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,118,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of RSP. SJS Investment Consulting Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Finally, Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %
Shares of RSP stock opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The business’s fifty day simple moving average is $178.93 and its 200-day simple moving average is $178.44. The company has a market cap of $60.23 billion, a PE 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).
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