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

Accel Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,954 shares of the company’s stock after acquiring an additional 190 shares during the period. Accel Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $693,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RSP. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. Richardson Financial Services Inc. grew its holdings in shares of 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 valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. grew its holdings in shares of 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 valued at $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $29,000. Finally, Riggs Asset Managment Co. Inc. lifted 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 worth $33,000 after purchasing an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

NYSEARCA RSP opened at $182.19 on Friday. The firm has a market cap of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50-day simple moving average of $180.36 and a two-hundred day simple moving average of $176.44. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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