Compass Capital Corp MA ADV Invests $3.86 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Compass Capital Corp MA ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, Holdings Channel.com reports. The fund bought 21,217 shares of the company’s stock, valued at approximately $3,857,000. Invesco S&P 500 Equal Weight ETF comprises about 1.5% of Compass Capital Corp MA ADV’s portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. Centricity Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $786,000. One Day In July LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 28.5% during the 4th quarter. One Day In July LLC now owns 134,581 shares of the company’s stock worth $23,583,000 after acquiring an additional 29,838 shares during the last quarter. Aspen Investment Management Inc increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Aspen Investment Management Inc now owns 60,256 shares of the company’s stock worth $10,559,000 after acquiring an additional 2,412 shares during the last quarter. Jordan Park Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $3,014,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.9% during the 4th quarter. Concurrent Investment Advisors LLC now owns 74,507 shares of the company’s stock worth $13,056,000 after acquiring an additional 6,724 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

RSP stock opened at $182.38 on Friday. The firm has a market capitalization of $61.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business’s 50 day simple moving average is $178.99 and its 200 day simple moving average is $178.20.

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).