Atlas Wealth LLC Has $23.48 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atlas Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the fourth quarter, HoldingsChannel reports. The firm owned 134,010 shares of the company’s stock after buying an additional 1,721 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 8.9% of Atlas Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. Atlas Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,483,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. SJS Investment Consulting Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. FPC Investment Advisory Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Van ECK Associates Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $29,000. Finally, Roxbury Financial LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $34,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.64 on Friday. The stock has a market cap of $72.76 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The firm has a 50-day moving average of $178.64 and a two-hundred day moving average of $179.04. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16.

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).