New England Capital Financial Advisors LLC Acquires 2,225 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

New England Capital Financial Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 102,523 shares of the company’s stock after purchasing an additional 2,225 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 9.7% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. New England Capital Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,178,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Morgan Stanley raised its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after acquiring an additional 2,153,993 shares in the last quarter. Truist Financial Corp raised its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock worth $1,107,273,000 after acquiring an additional 112,526 shares in the last quarter. UBS Group AG raised its position in Invesco S&P 500 Equal Weight ETF by 17.4% in the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock worth $842,867,000 after acquiring an additional 880,506 shares in the last quarter. Invesco Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 15.6% in the third quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock worth $640,586,000 after acquiring an additional 609,306 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Invesco S&P 500 Equal Weight ETF by 70.7% in the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after acquiring an additional 1,545,894 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

Invesco S&P 500 Equal Weight ETF stock traded up $1.43 during midday trading on Tuesday, hitting $162.46. The company’s stock had a trading volume of 3,997,270 shares, compared to its average volume of 6,627,177. The stock’s 50-day moving average price is $163.96 and its 200-day moving average price is $154.79. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The company has a market capitalization of $55.16 billion, a PE ratio of 20.43 and a beta of 0.93.

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).