Atwood & Palmer Inc. Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atwood & Palmer Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 34,127 shares of the company’s stock after acquiring an additional 119 shares during the period. Atwood & Palmer Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RSP. Sandy Cove Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $222,000. Riversedge Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares during the period. Brightwater Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $3,227,000. Finally, Montis Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $180.04 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.16 and a 1-year high of $188.16. The business’s 50-day simple moving average is $180.54 and its 200-day simple moving average is $176.12. The firm has a market capitalization of $60.30 billion, a P/E 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).