Kingsview Wealth Management LLC Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kingsview Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,078 shares of the company’s stock after buying an additional 487 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after buying an additional 354,184 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after acquiring an additional 98,000 shares in the last quarter. Citigroup Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after acquiring an additional 198,793 shares during the period. Finally, Lbmc Investment Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after acquiring an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of NYSEARCA RSP opened at $180.22 on Monday. The firm has a fifty day simple moving average of $179.62 and a two-hundred day simple moving average of $177.52. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 and a 12 month high of $188.16. The firm has a market capitalization of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90.

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).