Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Boosted by Good Life Advisors LLC

Good Life Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,057 shares of the company’s stock after purchasing an additional 578 shares during the quarter. Good Life Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in RSP. Castle Rock Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the fourth quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock worth $926,000 after purchasing an additional 70 shares during the period. Long Run Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after buying an additional 70 shares during the period. CIBC Private Wealth Group LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,672 shares of the company’s stock worth $1,104,000 after buying an additional 70 shares during the period. Sfmg LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the 3rd quarter. Sfmg LLC now owns 2,896 shares of the company’s stock valued at $410,000 after purchasing an additional 76 shares in the last quarter. Finally, Lodestone Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% in the 3rd quarter. Lodestone Wealth Management LLC now owns 2,161 shares of the company’s stock valued at $306,000 after acquiring an additional 79 shares in the last quarter.

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

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.59 on Thursday, reaching $169.37. 3,727,624 shares of the company were exchanged, compared to its average volume of 6,427,409. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The company has a market capitalization of $47.88 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The company has a 50-day moving average of $161.09 and a 200 day moving average of $151.82.

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).