Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by McAlister Sweet & Associates Inc.

McAlister Sweet & Associates Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 74.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,559 shares of the company’s stock after acquiring an additional 24,227 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 7.1% of McAlister Sweet & Associates Inc.’s holdings, making the stock its 2nd largest position. McAlister Sweet & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,911,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $29,000. Richardson Financial Services Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000.

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

Invesco S&P 500 Equal Weight ETF stock traded down $0.59 during mid-day trading on Tuesday, hitting $175.61. The stock had a trading volume of 8,467,724 shares, compared to its average volume of 7,793,196. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16. The stock has a 50-day simple moving average of $181.07 and a two-hundred day simple moving average of $175.35. The stock has a market capitalization of $58.82 billion, a PE ratio of 20.44 and a beta of 0.90.

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).