Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,409 shares of the company’s stock after purchasing an additional 492 shares during the period. Prosperity Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $422,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Keybank National Association OH boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after acquiring an additional 94,658 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares during the last quarter. Finally, Citigroup Inc. boosted its position in shares of 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 last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $171.88 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company’s 50 day moving average price is $178.99 and its 200 day moving average price is $179.17. The firm has a market capitalization of $71.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).