J.W. Cole Advisors Inc. Has $7.05 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

J.W. Cole Advisors Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 36,810 shares of the company’s stock after selling 18,849 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,051,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RSP. Brookstone Capital Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares during the period. Roman Butler Fullerton & Co. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 67.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after buying an additional 4,358 shares during the period. Banta Asset Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $1,654,000. Allen Investment Management LLC lifted its holdings 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 buying an additional 35,220 shares during the period. Finally, Empirical Asset Management LLC lifted its holdings 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 buying an additional 9,311 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4%

Shares of RSP opened at $207.83 on Friday. The company has a market capitalization of $89.66 billion, a PE 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 $210.95. The stock’s 50-day moving average price is $201.54 and its two-hundred day moving average price is $197.88.

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.