Invesco S&P 500 Equal Weight ETF $RSP is Lord & Richards Wealth Management LLC’s 8th Largest Position

Lord & Richards Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 57.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 16,280 shares of the company’s stock after purchasing an additional 5,919 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 2.7% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 8th largest position. Lord & Richards Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,118,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Drucker Wealth 3.0 LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. Burns J W & Co. Inc. NY lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. Finally, Melfa Wealth Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after acquiring an additional 57 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $188.07 on Tuesday. The company has a market cap of $77.99 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock has a 50-day moving average of $198.67 and a two-hundred day moving average of $193.49. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24.

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). 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.