Jacksonville Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 46,183 shares of the company’s stock, valued at approximately $8,093,000. Invesco S&P 500 Equal Weight ETF accounts for 7.6% of Jacksonville Wealth Management LLC’s holdings, making the stock its 4th largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. SJS Investment Consulting Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the period. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. GHP Investment Advisors Inc. boosted 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 acquiring an additional 72 shares during the period. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000. Finally, Richardson Financial Services Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %
RSP opened at $182.19 on Friday. The business has a fifty day moving average of $180.39 and a 200 day moving average of $176.57. The stock has a market cap of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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