Outlook Wealth Advisors LLC Has $2 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Outlook Wealth Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,432 shares of the company’s stock after selling 643 shares during the period. Outlook Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,003,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the period. LPL Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after acquiring an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the period. Citigroup Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the third quarter. Lbmc Investment Advisors LLC now owns 1,338,431 shares of the company’s stock valued at $239,793,000 after purchasing an additional 4,661 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $177.77 on Thursday. The stock has a market capitalization of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The business has a 50-day moving average of $180.80 and a 200-day moving average of $175.79.

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).