Oak Harbor Wealth Partners LLC Has $3.09 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oak Harbor Wealth Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,564 shares of the company’s stock after buying an additional 692 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.0% of Oak Harbor Wealth Partners LLC’s investment portfolio, making the stock its 26th largest holding. Oak Harbor Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,087,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Partnership Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $25,000. Howe & Rusling Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Core Wealth Advisors Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $38,000. GAMMA Investing LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $38,000. Finally, SOA Wealth Advisors LLC. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after purchasing an additional 103 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded down $1.76 on Thursday, reaching $165.43. 2,988,182 shares of the stock traded hands, compared to its average volume of 6,223,732. The firm has a market cap of $55.41 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The stock’s 50-day moving average price is $164.86 and its 200-day moving average price is $158.52.

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).