Confluence Wealth Services Inc. Acquires New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Confluence Wealth Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, HoldingsChannel reports. The firm purchased 33,523 shares of the company’s stock, valued at approximately $6,113,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. SJS Investment Consulting Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. lifted 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 worth $29,000 after buying an additional 72 shares during the last quarter. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $29,000. Finally, Richardson Financial Services Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd 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 last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $180.47 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $156.13 and a one year high of $188.16. The company’s fifty day moving average price is $180.14 and its 200 day moving average price is $177.25. The company has a market capitalization of $60.45 billion, a PE 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).