Ethos Financial Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 139.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,309 shares of the company’s stock after acquiring an additional 40,400 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.6% of Ethos Financial Group LLC’s investment portfolio, making the stock its 15th largest position. Ethos Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,145,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Beta Wealth Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares in the last quarter. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $222,000. Strategic Financial Concepts LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares in the last quarter. Telos Capital Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.9% during the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after purchasing an additional 808 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $177.01 on Thursday. The stock has a 50 day moving average price of $179.13 and a 200 day moving average price of $179.07. The stock has a market capitalization of $73.58 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.
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).
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