Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Chicago Wealth Management Inc.

Chicago Wealth Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 60,025 shares of the company’s stock after purchasing an additional 1,482 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 5.5% of Chicago Wealth Management Inc.’s holdings, making the stock its 6th largest position. Chicago Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,518,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 108.4% in the 4th quarter. Farther Finance Advisors LLC now owns 74,860 shares of the company’s stock valued at $13,118,000 after purchasing an additional 38,931 shares during the last quarter. PFG Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 15.1% during the 4th quarter. PFG Advisors now owns 17,072 shares of the company’s stock worth $2,992,000 after buying an additional 2,236 shares during the period. Moors & Cabot Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 45.8% in the 4th quarter. Moors & Cabot Inc. now owns 9,213 shares of the company’s stock valued at $1,614,000 after buying an additional 2,894 shares during the last quarter. Prosperity Wealth Management Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.7% in the 4th quarter. Prosperity Wealth Management Inc. now owns 2,409 shares of the company’s stock valued at $422,000 after acquiring an additional 492 shares during the period. Finally, AGF Management Ltd. lifted its position in Invesco S&P 500 Equal Weight ETF by 8.9% during the fourth quarter. AGF Management Ltd. now owns 31,190 shares of the company’s stock worth $5,465,000 after acquiring an additional 2,548 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3 %

Shares of RSP stock opened at $171.88 on Wednesday. The firm has a 50 day moving average price of $178.99 and a two-hundred day moving average price of $179.17. The company has a market capitalization of $71.45 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 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).