Northwest Financial Advisors Has $203,000 Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Northwest Financial Advisors decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 79.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,060 shares of the company’s stock after selling 4,174 shares during the period. Northwest Financial Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $203,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $279,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $199.73 on Thursday. The company’s 50-day moving average is $197.95 and its 200-day moving average is $194.06. The firm has a market capitalization of $87.79 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 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). 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.