NewEdge Wealth LLC Has $1.93 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

NewEdge Wealth LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,220 shares of the company’s stock after selling 812 shares during the period. NewEdge Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,928,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Xponance Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.0% in the 3rd quarter. Xponance Inc. now owns 3,131 shares of the company’s stock valued at $444,000 after purchasing an additional 148 shares during the period. TFB Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 38.5% in the 4th quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after buying an additional 546 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 161.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after buying an additional 9,573 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the 3rd quarter. Meridian Investment Counsel Inc. now owns 18,072 shares of the company’s stock valued at $2,561,000 after buying an additional 429 shares in the last quarter. Finally, Well Done LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 4th quarter. Well Done LLC now owns 44,525 shares of the company’s stock valued at $7,026,000 after buying an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.6 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $161.98 on Monday. The stock has a market capitalization of $45.79 billion, a P/E ratio of 16.13 and a beta of 1.05. The company has a 50-day simple moving average of $163.67 and a 200 day simple moving average of $153.79. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

Invesco S&P 500 Equal Weight ETF Company Profile

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).