Redhawk Wealth Advisors Inc. Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Redhawk Wealth Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,327 shares of the company’s stock after acquiring an additional 237 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,789,000 at the end of the most recent quarter.

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

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

NYSEARCA RSP opened at $177.77 on Thursday. The stock’s 50-day simple moving average is $180.80 and its two-hundred day simple moving average is $175.79. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The company has a market capitalization of $59.54 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).