Walser Wealth Management Company A Ltd Liability Co Invests $1.08 Million in Invesco S&P 500 Equal Weight ETF $RSP

Walser Wealth Management Company A Ltd Liability Co acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,634 shares of the company’s stock, valued at approximately $1,079,000. Invesco S&P 500 Equal Weight ETF makes up approximately 0.6% of Walser Wealth Management Company A Ltd Liability Co’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its position in Invesco S&P 500 Equal Weight ETF by 5.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after purchasing an additional 51 shares in the last quarter. Pacific Point Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after buying an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares during the period. Finally, Battery Global Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Friday. The firm has a fifty day moving average of $204.81 and a 200-day moving average of $199.40. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $214.30. The firm has a market capitalization of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.