Inlight Wealth Management LLC Buys 26,288 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Inlight Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,712 shares of the company’s stock after acquiring an additional 26,288 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.2% of Inlight Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Inlight Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,101,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pacific Point Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after acquiring an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after acquiring an additional 55 shares in the last quarter. Battery Global Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. Finally, Burns J W & Co. Inc. NY raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $198.83 on Tuesday. The stock’s 50-day simple moving average is $197.94 and its 200-day simple moving average is $193.95. The firm has a market capitalization of $87.39 billion, a PE ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $157.71 and a fifty-two week high of $205.24.

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). 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.