Novare Capital Management LLC Has $951,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Novare Capital Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,426 shares of the company’s stock after buying an additional 173 shares during the quarter. Novare Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $951,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of RSP. Sandy Cove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $222,000. Riversedge Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after buying an additional 7,883 shares in the last quarter. Blue Trust Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares during the last quarter. Brightwater Advisory LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $3,227,000. Finally, Montis Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after buying an additional 21,202 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $182.19 on Friday. The company has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $155.79 and a one year high of $188.16. The business’s 50 day simple moving average is $180.39 and its 200-day simple moving average is $176.57.

Invesco S&P 500 Equal Weight ETF Company 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).