Trinity Wealth Management LLC Invests $247,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Trinity Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,566 shares of the company’s stock, valued at approximately $247,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Castle Rock Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after purchasing an additional 70 shares during the period. Long Run Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock valued at $304,000 after purchasing an additional 70 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,672 shares of the company’s stock valued at $1,104,000 after purchasing an additional 70 shares during the period. Sfmg LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.7% in 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 during the period. Finally, Lodestone Wealth Management LLC boosted its holdings 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 purchasing an additional 79 shares during the period.

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

NYSEARCA RSP opened at $169.37 on Friday. The company has a market capitalization 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. The firm has a 50-day moving average price of $161.39 and a two-hundred day moving average price of $151.94.

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).