World Investment Advisors Buys 7,159 Shares of Invesco S&P 500 Equal Weight ETF $RSP

World Investment Advisors lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,744 shares of the company’s stock after purchasing an additional 7,159 shares during the period. World Investment Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $6,464,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in RSP. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $26,000. Dorato Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. Aviso Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $202.92 on Thursday. The firm has a market cap of $87.54 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52-week low of $173.00 and a 52-week high of $205.53. The business’s fifty day moving average is $197.89 and its 200-day moving average is $195.79.

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.