Pacific Capital Wealth Advisors Inc. Has $2.42 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Pacific Capital Wealth Advisors Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,307 shares of the company’s stock after selling 1,039 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.6% of Pacific Capital Wealth Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Pacific Capital Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of RSP. Cherry Tree Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 36.0% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 14,396 shares of the company’s stock valued at $2,272,000 after acquiring an additional 3,814 shares in the last quarter. Balanced Wealth Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $669,000. Simmons Bank boosted its holdings in Invesco S&P 500 Equal Weight ETF by 483.9% during the fourth quarter. Simmons Bank now owns 8,759 shares of the company’s stock worth $1,382,000 after purchasing an additional 7,259 shares during the last quarter. Peddock Capital Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 7.6% in the fourth quarter. Peddock Capital Advisors LLC now owns 45,673 shares of the company’s stock valued at $7,207,000 after purchasing an additional 3,241 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $4,965,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.07 during trading hours on Wednesday, reaching $164.43. 3,345,805 shares of the company’s stock were exchanged, compared to its average volume of 6,522,021. The company has a 50 day moving average of $164.35 and a two-hundred day moving average of $156.32. The stock has a market cap of $55.07 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80.

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).