Archvest Wealth Advisors Inc. Has $10.82 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Archvest Wealth Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4,170.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 56,456 shares of the company’s stock after acquiring an additional 55,134 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.1% of Archvest Wealth Advisors Inc.’s portfolio, making the stock its 7th largest position. Archvest Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,815,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Goodman Advisory Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. 61.18% of the stock is owned by institutional investors.

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

Invesco S&P 500 Equal Weight ETF stock opened at $209.25 on Thursday. The company has a market capitalization of $90.27 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a fifty day simple moving average of $200.87 and a two-hundred day simple moving average of $197.65. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $210.12.

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.