BostonPremier Wealth LLC Acquires Shares of 40,377 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

BostonPremier Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 40,377 shares of the company’s stock, valued at approximately $7,075,000. Invesco S&P 500 Equal Weight ETF accounts for about 4.3% of BostonPremier Wealth LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in RSP. Beaumont Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after buying an additional 61 shares in the last quarter. CPA Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after buying an additional 63 shares in the last quarter. Finally, Abound Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after buying an additional 63 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

Shares of RSP stock opened at $180.73 on Tuesday. The stock has a market cap of $60.53 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s fifty day moving average price is $179.62 and its 200-day moving average price is $177.59. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 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).