Quattro Financial Advisors LLC Purchases 68,929 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Quattro Financial Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 43,625.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,087 shares of the company’s stock after acquiring an additional 68,929 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 3.3% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Quattro Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,701,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $25,000. Howe & Rusling Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. GAMMA Investing LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $38,000. SOA Wealth Advisors LLC. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after purchasing an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.71 during midday trading on Tuesday, reaching $163.66. 3,677,231 shares of the company’s stock were exchanged, compared to its average volume of 6,049,783. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The stock has a market capitalization of $54.82 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average price is $164.75 and its two-hundred day moving average price is $162.13.

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).