Stratos Wealth Advisors LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stratos Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 63,579 shares of the company’s stock after acquiring an additional 355 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,141,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. SJS Investment Consulting Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. increased its position in shares of 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 buying an additional 83 shares during the period. GHP Investment Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $180.47 on Wednesday. The company’s 50 day simple moving average is $180.14 and its two-hundred day simple moving average is $177.25. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.13 and a 1 year high of $188.16. The stock has a market capitalization of $60.45 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).