Invesco S&P 500 Equal Weight ETF $RSP Stock Position Raised by Archvest Wealth Advisors Inc.

Archvest Wealth Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4,170.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,456 shares of the company’s stock after acquiring an additional 55,134 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.1% of Archvest Wealth Advisors Inc.’s portfolio, making the stock its 7th largest holding. Archvest Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,815,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $327,184,000. BW Gestao de Investimentos Ltda. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $287,168,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after acquiring an additional 959,176 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5,593.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock worth $186,343,000 after acquiring an additional 955,677 shares during the last quarter. Finally, MKP Capital Management L.L.C. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $99,994,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $209.25 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $210.12. The company has a market capitalization of $90.27 billion, a P/E ratio of 20.10 and a beta of 0.92. The company has a fifty day moving average of $200.87 and a 200-day moving average of $197.65.

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). 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.