ProVise Management Group LLC Raises Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

ProVise Management Group LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,100 shares of the company’s stock after acquiring an additional 1,782 shares during the quarter. ProVise Management Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. J.W. Cole Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 126.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock valued at $6,384,000 after acquiring an additional 22,615 shares in the last quarter. TFB Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 38.5% during the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock worth $310,000 after purchasing an additional 546 shares in the last quarter. Roble Belko & Company Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $263,000. Apexium Financial LP boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 111.6% in the fourth quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock worth $2,353,000 after buying an additional 7,864 shares during the period. Finally, Well Done LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the fourth quarter. Well Done LLC now owns 44,525 shares of the company’s stock valued at $7,026,000 after buying an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock traded up $1.09 during midday trading on Friday, hitting $165.94. 3,252,218 shares of the company were exchanged, compared to its average volume of 6,224,576. The company has a market cap of $55.58 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s fifty day moving average price is $164.89 and its 200-day moving average price is $158.74. 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.

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).