Legacy Capital Wealth Partners LLC Acquires 2,209 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Legacy Capital Wealth Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.6% in the fourth quarter, Holdings Channel reports. The firm owned 8,241 shares of the company’s stock after purchasing an additional 2,209 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in RSP. Ropes Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.2% during the 3rd quarter. Ropes Wealth Advisors LLC now owns 3,313 shares of the company’s stock valued at $469,000 after buying an additional 667 shares during the last quarter. Trust Co. of Toledo NA OH boosted its stake in Invesco S&P 500 Equal Weight ETF by 11.2% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 6,907 shares of the company’s stock worth $979,000 after purchasing an additional 693 shares during the period. Quattro Financial Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $2,215,000. Manning & Napier Group LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.1% in the 3rd quarter. Manning & Napier Group LLC now owns 105,858 shares of the company’s stock worth $14,999,000 after purchasing an additional 5,092 shares during the period. Finally, Modus Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.3% in the 3rd quarter. Modus Advisors LLC now owns 29,266 shares of the company’s stock worth $4,147,000 after purchasing an additional 666 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP traded up $0.08 during trading hours on Friday, hitting $162.43. The company had a trading volume of 5,649,491 shares, compared to its average volume of 6,594,313. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The firm has a 50 day simple moving average of $164.11 and a 200 day simple moving average of $155.13. The firm has a market capitalization of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93.

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).