Flagstar Advisors Inc. Purchases 6,914 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Flagstar Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 65.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,403 shares of the company’s stock after purchasing an additional 6,914 shares during the period. Flagstar Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,049,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Beaumont Financial Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares in the last quarter. Ingalls & Snyder LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after buying an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the period. CPA Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares during the period. Finally, Abound Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after acquiring an additional 63 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

NYSEARCA RSP opened at $182.47 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The stock’s 50 day moving average is $179.01 and its 200 day moving average is $178.06. The stock has a market cap of $61.12 billion, a PE 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).