International Assets Investment Management LLC Buys New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,873 shares of the company’s stock, valued at approximately $3,123,000.

A number of other large investors have also recently bought and sold shares of RSP. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Richardson Financial Services Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000. Finally, Riggs Asset Managment Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock traded down $1.13 during mid-day trading on Wednesday, hitting $174.48. 1,645,652 shares of the company’s stock traded hands, compared to its average volume of 6,429,289. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The stock has a market cap of $58.44 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 $181.01 and a two-hundred day simple moving average of $175.42.

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).