MBE Wealth Management LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

MBE Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,236 shares of the company’s stock after purchasing an additional 647 shares during the period. MBE Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $742,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. SJS Investment Consulting Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares in the last quarter. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $29,000. Finally, Richardson Financial Services Inc. boosted its position in shares of 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 buying an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of RSP stock opened at $182.31 on Tuesday. The firm has a 50-day moving average price of $180.39 and a 200 day moving average price of $176.74. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The company has a market capitalization of $61.06 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).