CFO4Life Group LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CFO4Life Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,173 shares of the company’s stock, valued at approximately $368,000.

Other institutional investors have also added to or reduced their stakes in the company. Everett Harris & Co. CA raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares during the period. Castle Rock Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock valued at $926,000 after purchasing an additional 70 shares during the period. Long Run Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock valued at $304,000 after purchasing an additional 70 shares during the period. Principle Wealth Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the 1st quarter. Principle Wealth Partners LLC now owns 2,555 shares of the company’s stock valued at $433,000 after purchasing an additional 70 shares during the period. Finally, Acorn Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock valued at $2,471,000 after purchasing an additional 70 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $2.16 on Friday, hitting $169.22. 8,847,183 shares of the stock traded hands, compared to its average volume of 6,037,350. The firm has a market cap of $56.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a 50 day simple moving average of $165.10 and a two-hundred day simple moving average of $162.49. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80.

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).