New England Private Wealth Advisors LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,878 shares of the company’s stock after selling 579 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.7% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. New England Private Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,492,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the stock. SJS Investment Consulting Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Van ECK Associates Corp lifted 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 valued at $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $29,000. Finally, Hemington Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 84 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA RSP opened at $171.88 on Wednesday. The stock has a market capitalization of $71.45 billion, a P/E ratio of 21.37 and a beta of 1.07. The business has a 50 day simple moving average of $178.99 and a 200 day simple moving average of $179.17. 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 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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