Townsend & Associates Inc Acquires Shares of 12,273 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Townsend & Associates Inc acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 12,273 shares of the company’s stock, valued at approximately $1,913,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Core Wealth Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $38,000. GAMMA Investing LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $38,000. SOA Wealth Advisors LLC. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 51.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after buying an additional 103 shares during the last quarter. Finally, CVA Family Office LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $76,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6 %

Shares of NYSEARCA:RSP traded up $0.98 during trading on Thursday, hitting $165.44. 1,892,781 shares of the stock were exchanged, compared to its average volume of 6,469,287. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The company has a market cap of $55.41 billion, a PE ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average price of $164.35 and a two-hundred day moving average price of $156.32.

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).