Brighton Jones LLC Acquires 246 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Brighton Jones LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,516 shares of the company’s stock after purchasing an additional 246 shares during the period. Brighton Jones LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,317,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Beaumont Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after acquiring an additional 58 shares during the period. CPA Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC boosted its holdings in 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 purchasing an additional 63 shares during the period. Abound Wealth Management grew its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after purchasing an additional 64 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $182.19 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The stock has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a 50-day simple moving average of $180.36 and a 200 day simple moving average of $176.44.

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).