Invesco S&P 500 Equal Weight ETF $RSP is Evernest Financial Advisors LLC’s 7th Largest Position

Evernest Financial Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 94,878 shares of the company’s stock after purchasing an additional 11,996 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 4.1% of Evernest Financial Advisors LLC’s portfolio, making the stock its 7th biggest holding. Evernest Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,201,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $26,000. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $35,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $212.12. The firm has a market capitalization of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s 50-day moving average is $203.40 and its 200 day moving average is $198.74.

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.