Steele Capital Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,071 shares of the company’s stock after buying an additional 4,689 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.6% of Steele Capital Management Inc.’s holdings, making the stock its 17th largest holding. Steele Capital Management Inc. owned approximately 0.05% of Invesco S&P 500 Equal Weight ETF worth $31,379,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the company. BKM Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the fourth quarter. BKM Wealth Management LLC now owns 11,600 shares of the company’s stock valued at $2,033,000 after buying an additional 520 shares in the last quarter. Beta Wealth Group Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares during the period. Beaton Management Co. Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% in the fourth quarter. Beaton Management Co. Inc. now owns 8,707 shares of the company’s stock valued at $1,526,000 after purchasing an additional 200 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 85,512 shares of the company’s stock valued at $14,984,000 after purchasing an additional 1,942 shares during the period. Finally, Centerpoint Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $210,000.
Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %
NYSEARCA:RSP opened at $181.08 on Tuesday. The firm has a market cap of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average price of $179.08 and a 200 day moving average price of $177.98. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.
Invesco S&P 500 Equal Weight ETF 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).
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