Frederick Financial Consultants LLC Invests $281,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

Frederick Financial Consultants LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,603 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors and hedge funds have also modified their holdings of the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $28,000. Van ECK Associates Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares in the last quarter. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Finally, Bridge Generations Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $162.66 on Friday. The business has a 50-day moving average of $172.54 and a 200-day moving average of $177.62. The stock has a market capitalization of $67.95 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

See Also

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