Wetzel Investment Advisors Inc. Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wetzel Investment Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 2,897 shares of the company’s stock, valued at approximately $457,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Xponance Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after acquiring an additional 148 shares in the last quarter. TFB Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 38.5% during the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock worth $310,000 after buying an additional 546 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Invesco S&P 500 Equal Weight ETF by 161.7% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock worth $2,195,000 after buying an additional 9,573 shares during the last quarter. Meridian Investment Counsel Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% during the third quarter. Meridian Investment Counsel Inc. now owns 18,072 shares of the company’s stock worth $2,561,000 after buying an additional 429 shares during the last quarter. Finally, Well Done LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the fourth quarter. Well Done LLC now owns 44,525 shares of the company’s stock worth $7,026,000 after buying an additional 197 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4 %

RSP traded up $0.59 during trading on Friday, hitting $159.80. 8,816,101 shares of the company’s stock were exchanged, compared to its average volume of 6,686,133. The business’s 50 day moving average is $163.83 and its two-hundred day moving average is $154.25. 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. The stock has a market cap of $54.26 billion, a P/E ratio of 20.43 and a beta of 0.93.

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).