World Investment Advisors Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

World Investment Advisors boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,744 shares of the company’s stock after acquiring an additional 7,159 shares during the period. World Investment Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $6,464,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RSP. Cary Street Partners Investment Advisory LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the last quarter. Pacific Point Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after purchasing an additional 55 shares during the last quarter. Strategies Wealth Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares during the last quarter. Finally, Battery Global Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after purchasing an additional 55 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

RSP stock opened at $206.58 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $173.00 and a 52 week high of $206.97. The company has a fifty day simple moving average of $198.46 and a two-hundred day simple moving average of $196.43. The firm has a market capitalization of $89.12 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.