GWN Securities Inc. Has $5.52 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

GWN Securities Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,818 shares of the company’s stock after purchasing an additional 4,026 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.1% of GWN Securities Inc.’s portfolio, making the stock its 14th largest holding. GWN Securities Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in RSP. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $206.53 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $210.95. The firm has a 50 day moving average price of $202.66 and a two-hundred day moving average price of $198.48. The stock has a market cap of $89.10 billion, a P/E ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

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.