Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Clear Point Advisors Inc.

Clear Point Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,676 shares of the company’s stock after purchasing an additional 70 shares during the quarter. Clear Point Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Beta Wealth Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares in the last quarter. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $222,000. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after acquiring an additional 33,861 shares during the last quarter. Telos Capital Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.9% during the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after acquiring an additional 808 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Shares of RSP opened at $182.47 on Wednesday. The firm has a market cap of $61.12 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s 50 day simple moving average is $179.01 and its 200-day simple moving average is $178.06. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).