Tyche Wealth Partners LLC Purchases Shares of 3,950 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tyche Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,950 shares of the company’s stock, valued at approximately $623,000.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.77 during trading on Wednesday, reaching $160.46. The company had a trading volume of 736,399 shares, compared to its average volume of 6,556,730. The firm has a market capitalization of $54.48 billion, a PE ratio of 20.43 and a beta of 0.93. The firm’s 50-day simple moving average is $163.79 and its 200 day simple moving average is $154.04. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

Invesco S&P 500 Equal Weight ETF Company 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).