3,519 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by Horizons Wealth Management

Horizons Wealth Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,519 shares of the company’s stock, valued at approximately $732,000.

Several other institutional investors have also modified their holdings of RSP. Vise Technologies Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 144.2% in the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after purchasing an additional 2,983 shares during the period. Pettyjohn Wood & White Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 14.9% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 30,320 shares of the company’s stock valued at $5,808,000 after buying an additional 3,939 shares during the period. Marino Stram & Associates LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.0% in the 1st quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock valued at $5,754,000 after acquiring an additional 2,465 shares during the period. Prism Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the first quarter. Prism Advisors Inc. now owns 59,379 shares of the company’s stock worth $11,396,000 after purchasing an additional 5,683 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 1,181.8% during the 1st quarter. Murphy & Mullick Capital Management Corp now owns 2,820 shares of the company’s stock worth $541,000 after acquiring an additional 2,600 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded up $1.08 during trading hours on Monday, reaching $210.81. 2,806,147 shares of the stock traded hands, compared to its average volume of 12,104,249. The firm’s fifty day simple moving average is $216.78 and its two-hundred day simple moving average is $209.06. The company has a market cap of $96.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43.

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.