Ibex Wealth Advisors Acquires Shares of 6,933 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ibex Wealth Advisors bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 6,933 shares of the company’s stock, valued at approximately $1,215,000.

A number of other institutional investors also recently made changes to their positions in the business. SJS Investment Consulting Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. increased its stake in shares of 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 purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded up $0.25 on Wednesday, reaching $181.66. The company’s stock had a trading volume of 655,238 shares, compared to its average volume of 7,740,621. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16. The company has a market capitalization of $60.84 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average of $180.41 and a two-hundred day moving average of $176.94.

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).