TCI Wealth Advisors Inc. Acquires New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TCI Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,385 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors also recently modified their holdings of the business. CPA Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the period. Inlet Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares in the last quarter. Everett Harris & Co. CA raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the first 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. Delta Investment Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares in the last quarter. Finally, America First Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after buying an additional 66 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $179.12 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.54 and a 52-week high of $182.22. The business’s 50 day simple moving average is $176.64 and its two-hundred day simple moving average is $169.39. The firm has a market cap of $59.99 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).