Accel Wealth Management Acquires New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Accel Wealth Management acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,150 shares of the company’s stock, valued at approximately $339,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Ironwood Wealth Management LLC. raised its holdings in Invesco S&P 500 Equal Weight ETF by 59.6% in the first quarter. Ironwood Wealth Management LLC. now owns 8,585 shares of the company’s stock worth $1,354,000 after purchasing an additional 3,207 shares in the last quarter. BlackRock Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the first quarter. BlackRock Inc. now owns 170,508 shares of the company’s stock valued at $26,891,000 after buying an additional 663 shares during the last quarter. Vontobel Holding Ltd. boosted its position in Invesco S&P 500 Equal Weight ETF by 25.7% in the 1st quarter. Vontobel Holding Ltd. now owns 11,000 shares of the company’s stock worth $1,735,000 after purchasing an additional 2,250 shares in the last quarter. Baird Financial Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 46.5% in the 1st quarter. Baird Financial Group Inc. now owns 333,958 shares of the company’s stock worth $52,669,000 after purchasing an additional 105,955 shares in the last quarter. Finally, Mather Group LLC. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 89.8% during the 1st quarter. Mather Group LLC. now owns 2,604 shares of the company’s stock worth $411,000 after buying an additional 1,232 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

Shares of RSP stock traded up $0.59 during trading hours on Thursday, hitting $169.37. 3,727,895 shares of the company’s stock were exchanged, compared to its average volume of 6,427,495. The firm has a 50 day moving average of $161.09 and a two-hundred day moving average of $151.82. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The firm has a market cap of $47.88 billion, a P/E ratio of 16.13 and a beta of 1.05.

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).