108,855 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 108,855 shares of the company’s stock, valued at approximately $20,852,000. Invesco S&P 500 Equal Weight ETF makes up approximately 1.1% of Sigma Investment Counselors Inc.’s holdings, making the stock its 23rd biggest position.

Other large investors have also made changes to their positions in the company. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after purchasing an additional 137,493 shares during the period. Brookstone Capital Management grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares during the period. Argent Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after purchasing an additional 3,135 shares during the period. Roman Butler Fullerton & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after purchasing an additional 4,358 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $4,966,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

RSP stock opened at $204.85 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $169.96 and a twelve month high of $205.51. The stock has a market cap of $88.37 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s 50-day moving average price is $197.95 and its 200-day moving average price is $195.31.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.