Heck Capital Advisors LLC Acquires Shares of 478,974 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, HoldingsChannel.com reports. The firm bought 478,974 shares of the company’s stock, valued at approximately $83,931,000. Invesco S&P 500 Equal Weight ETF comprises approximately 5.7% of Heck Capital Advisors LLC’s portfolio, making the stock its 3rd biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GFS Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.1% in the fourth quarter. GFS Advisors LLC now owns 36,676 shares of the company’s stock worth $6,427,000 after purchasing an additional 1,103 shares during the last quarter. Caprock Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.4% during the 4th quarter. Caprock Group LLC now owns 21,140 shares of the company’s stock worth $3,705,000 after purchasing an additional 1,808 shares during the period. Keudell Morrison Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.7% in the 4th quarter. Keudell Morrison Wealth Management now owns 2,392 shares of the company’s stock worth $419,000 after buying an additional 411 shares during the last quarter. Institute for Wealth Management LLC. grew its position in Invesco S&P 500 Equal Weight ETF by 17.1% during the fourth quarter. Institute for Wealth Management LLC. now owns 3,601 shares of the company’s stock valued at $631,000 after buying an additional 525 shares during the period. Finally, CMG Global Holdings LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 64.0% during the fourth quarter. CMG Global Holdings LLC now owns 17,163 shares of the company’s stock worth $3,115,000 after buying an additional 6,700 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8 %

RSP opened at $181.24 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The company’s 50-day moving average price is $180.36 and its two-hundred day moving average price is $177.01. The stock has a market cap of $60.70 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).