Essex Savings Bank Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Essex Savings Bank grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,890 shares of the company’s stock after buying an additional 277 shares during the quarter. Essex Savings Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $682,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of RSP. Sagace Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 53.6% in the fourth quarter. Sagace Wealth Management LLC now owns 36,787 shares of the company’s stock valued at $6,446,000 after purchasing an additional 12,843 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 2,118 shares of the company’s stock worth $371,000 after buying an additional 150 shares during the period. Redhawk Wealth Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 27,327 shares of the company’s stock worth $4,789,000 after buying an additional 237 shares during the period. Armstrong Advisory Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 17,672.4% during the 4th quarter. Armstrong Advisory Group Inc. now owns 57,938 shares of the company’s stock valued at $10,152,000 after buying an additional 57,612 shares during the last quarter. Finally, Advisors Management Group Inc. ADV boosted its position in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Advisors Management Group Inc. ADV now owns 2,595 shares of the company’s stock valued at $455,000 after buying an additional 156 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.77 on Thursday. The firm has a market cap of $59.54 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s fifty day simple moving average is $180.80 and its two-hundred day simple moving average is $175.79. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.10 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).