Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Lyell Wealth Management LP

Lyell Wealth Management LP boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,121 shares of the company’s stock after purchasing an additional 256 shares during the quarter. Lyell Wealth Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,648,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Carret Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.1% in the fourth quarter. Carret Asset Management LLC now owns 7,655 shares of the company’s stock valued at $1,208,000 after buying an additional 443 shares in the last quarter. Bfsg LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the 4th quarter. Bfsg LLC now owns 4,599 shares of the company’s stock valued at $726,000 after purchasing an additional 251 shares during the period. Acas LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Acas LLC now owns 4,399 shares of the company’s stock valued at $694,000 after purchasing an additional 157 shares during the period. Madison Park Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $1,086,000. Finally, Fountainhead AM LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.5% in the 4th quarter. Fountainhead AM LLC now owns 1,731 shares of the company’s stock worth $273,000 after acquiring an additional 294 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded up $0.23 during trading on Wednesday, reaching $162.69. 4,087,928 shares of the stock traded hands, compared to its average volume of 6,595,836. The stock has a market cap of $55.24 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. 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. The stock’s 50-day simple moving average is $164.03 and its two-hundred day simple moving average is $154.84.

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).