Investment Advisory Services Inc. TX ADV Buys 1,083 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Investment Advisory Services Inc. TX ADV boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,523 shares of the company’s stock after acquiring an additional 1,083 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.3% of Investment Advisory Services Inc. TX ADV’s holdings, making the stock its 17th biggest position. Investment Advisory Services Inc. TX ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,728,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Joseph Group Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000. Bridge Generations Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $31,000. Finally, Mattson Financial Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $35,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $178.88 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16. The stock has a market cap of $70.89 billion, a PE ratio of 20.10 and a beta of 0.99. The stock has a fifty day moving average of $174.32 and a 200-day moving average of $175.25.

Invesco S&P 500 Equal Weight ETF 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).