Ironwood Wealth Management LLC. Purchases 2,546 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ironwood Wealth Management LLC. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,561 shares of the company’s stock after acquiring an additional 2,546 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.7% of Ironwood Wealth Management LLC.’s holdings, making the stock its 15th biggest position. Ironwood Wealth Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,320,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares during the last quarter. Banta Asset Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $1,654,000. Empirical Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 417.0% during the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after purchasing an additional 9,311 shares during the last quarter. Allen Investment Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $777,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Monday. The firm’s 50 day simple moving average is $205.05 and its two-hundred day simple moving average is $199.54. The firm has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $214.30.

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.