Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 80.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,896 shares of the company’s stock after acquiring an additional 10,196 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.0% of Paulson Wealth Management Inc.’s portfolio, making the stock its 18th biggest position. Paulson Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,386,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. IMA Advisory Services Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $33,000. Finally, Cloud Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $35,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Invesco S&P 500 Equal Weight ETF stock opened at $203.66 on Friday. The firm has a fifty day moving average of $197.92 and a 200-day moving average of $195.88. Invesco S&P 500 Equal Weight ETF has a 52-week low of $173.00 and a 52-week high of $205.53. The firm has a market capitalization of $87.86 billion, a P/E ratio of 20.10 and a beta of 0.92.

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). 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.