Signal Advisors Wealth LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Signal Advisors Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,135 shares of the company’s stock after acquiring an additional 12,991 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.2% of Signal Advisors Wealth LLC’s holdings, making the stock its 13th largest position. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,491,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Aviso Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000. Finally, Hurley Capital LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

Shares of NYSEARCA RSP opened at $209.61 on Tuesday. The firm has a 50-day simple moving average of $205.28 and a 200-day simple moving average of $199.68. The stock has a market capitalization of $90.43 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $214.30.

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.