Invesco S&P 500 Equal Weight ETF $RSP Position Boosted by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 355,002 shares of the company’s stock after buying an additional 16,113 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.1% of Exencial Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position. Exencial Wealth Advisors LLC owned approximately 0.08% of Invesco S&P 500 Equal Weight ETF worth $68,004,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 107.0% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after purchasing an additional 137,493 shares during the period. Brookstone Capital Management grew its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares during the period. Sowell Financial Services LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the period. Argent Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after purchasing an additional 3,135 shares during the period. Finally, Roman Butler Fullerton & Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 67.0% in the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after purchasing an additional 4,358 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1%

Shares of RSP stock opened at $201.79 on Tuesday. The stock has a market cap of $87.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The business’s fifty day moving average is $198.00 and its 200 day moving average is $194.77. Invesco S&P 500 Equal Weight ETF has a twelve month low of $165.39 and a twelve month high of $205.24.

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). 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.