Beaumont Financial Advisors LLC Boosts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Beaumont Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,866 shares of the company’s stock after acquiring an additional 58 shares during the period. Beaumont Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $327,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $222,000. Riversedge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares in the last quarter. Brightwater Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $3,227,000. Finally, Montis Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after buying an additional 21,202 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.49 on Thursday. The firm has a 50-day simple moving average of $180.41 and a two-hundred day simple moving average of $176.37. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The company has a market cap of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).