Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Navalign LLC

Navalign LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,100 shares of the company’s stock after purchasing an additional 2,113 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.7% of Navalign LLC’s holdings, making the stock its 15th biggest position. Navalign LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,750,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. SJS Investment Consulting Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $26,000. Salem Investment Counselors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Core Wealth Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $38,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $44,000.

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

RSP traded up $0.59 on Thursday, reaching $169.37. The stock had a trading volume of 3,722,654 shares, compared to its average volume of 6,427,495. The business’s 50-day moving average price is $161.39 and its two-hundred day moving average price is $151.94. The company has a market cap of $47.88 billion, a P/E ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

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).