Armstrong Advisory Group Inc. Has $10.15 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Armstrong Advisory Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17,672.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,938 shares of the company’s stock after buying an additional 57,612 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 23rd biggest holding. Armstrong Advisory Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,152,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Riggs Asset Managment Co. Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Shares of NYSEARCA RSP opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The stock has a market cap of $59.54 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company’s fifty day moving average is $180.80 and its 200-day moving average is $175.79.

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).