Simplicity Wealth LLC Has $3.40 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Simplicity Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,421 shares of the company’s stock after buying an additional 1,461 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 0.7% of Simplicity Wealth LLC’s holdings, making the stock its 29th largest position. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,403,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of RSP. Pettinga Financial Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $529,000. QRG Capital Management Inc. lifted 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 buying an additional 219 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $871,000. Verdence Capital Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.0% in the third quarter. Verdence Capital Advisors LLC now owns 7,090 shares of the company’s stock worth $1,270,000 after buying an additional 1,182 shares during the last quarter. Finally, Assetmark Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 264.6% during the 3rd quarter. Assetmark Inc. now owns 2,089 shares of the company’s stock valued at $374,000 after purchasing an additional 1,516 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $176.69 on Monday. The stock has a market cap of $73.45 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company has a fifty day moving average price of $179.07 and a 200 day moving average price of $179.17.

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).