Prevail Innovative Wealth Advisors LLC Acquires New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Prevail Innovative Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 24,933 shares of the company’s stock, valued at approximately $4,776,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cypress Capital LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 5.6% in the 4th quarter. Cypress Capital LLC now owns 2,013 shares of the company’s stock valued at $386,000 after acquiring an additional 106 shares in the last quarter. Rathbones Group PLC boosted its position in Invesco S&P 500 Equal Weight ETF by 17.9% during the 4th quarter. Rathbones Group PLC now owns 1,382 shares of the company’s stock worth $265,000 after acquiring an additional 210 shares during the last quarter. Redmont Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Redmont Wealth Advisors LLC now owns 44,603 shares of the company’s stock worth $8,544,000 after acquiring an additional 128 shares during the last quarter. Investment House LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 35.9% during the 4th quarter. Investment House LLC now owns 31,091 shares of the company’s stock worth $5,956,000 after acquiring an additional 8,217 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 2.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 41,531 shares of the company’s stock worth $7,956,000 after acquiring an additional 1,131 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1%

NYSEARCA:RSP opened at $203.83 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $205.53. The business has a 50 day moving average price of $198.11 and a two-hundred day moving average price of $196.24. The company has a market cap of $87.93 billion, a P/E ratio of 20.10 and a beta of 0.92.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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