Aries Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 22.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,926 shares of the company’s stock after purchasing an additional 1,261 shares during the period. Aries Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,214,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. SJS Investment Consulting Inc. grew its stake in 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 worth $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $29,000.
Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %
RSP stock opened at $181.26 on Friday. The stock has a market capitalization of $60.71 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $157.59 and a 52 week high of $188.16. The firm has a 50 day moving average of $179.25 and a 200 day moving average of $177.78.
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).
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