Whipplewood Advisors LLC Makes New $108,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Whipplewood Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 615 shares of the company’s stock, valued at approximately $108,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RSP. NewEdge Wealth LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 27.7% in the fourth quarter. NewEdge Wealth LLC now owns 63,947 shares of the company’s stock valued at $11,205,000 after purchasing an additional 13,872 shares in the last quarter. Simmons Bank lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 49.0% in the fourth quarter. Simmons Bank now owns 25,594 shares of the company’s stock valued at $4,485,000 after purchasing an additional 8,413 shares in the last quarter. Magnolia Private Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $468,000. Sincerus Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $1,574,000. Finally, Red Crane Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $627,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.9 %

RSP stock opened at $178.20 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The stock’s 50 day moving average is $179.08 and its 200-day moving average is $178.74. The firm has a market capitalization of $74.07 billion, a PE ratio of 21.37 and a beta of 1.07.

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).