Bluedoor Private Wealth LLC Invests $6.68 Million in Invesco S&P 500 Equal Weight ETF $RSP

Bluedoor Private Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,849 shares of the company’s stock, valued at approximately $6,676,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.1% of Bluedoor Private Wealth LLC’s holdings, making the stock its 7th biggest holding.

Several other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Bison Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

NYSEARCA:RSP opened at $212.88 on Tuesday. The stock has a market capitalization of $91.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm has a fifty day simple moving average of $203.79 and a two-hundred day simple moving average of $198.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $214.29.

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.