Bernardo Wealth Planning LLC Has $17.37 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bernardo Wealth Planning LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 100,230 shares of the company’s stock after purchasing an additional 4,456 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 4.2% of Bernardo Wealth Planning LLC’s holdings, making the stock its 7th biggest position. Bernardo Wealth Planning LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. boosted its stake 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 valued at $29,000 after buying an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Richardson Financial Services Inc. increased its stake in 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 worth $29,000 after acquiring an additional 83 shares during the period. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $180.04 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $153.16 and a 52-week high of $188.16. The firm has a market cap of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average is $180.54 and its 200-day moving average is $176.04.

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).