Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Lifted by Wealth Advisors of Iowa LLC

Wealth Advisors of Iowa LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% during the 4th quarter, Holdings Channel reports. The fund owned 225,709 shares of the company’s stock after buying an additional 7,666 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 19.9% of Wealth Advisors of Iowa LLC’s portfolio, making the stock its largest holding. Wealth Advisors of Iowa LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $39,551,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Strategic Financial Concepts LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Invesco S&P 500 Equal Weight ETF by 312.2% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after purchasing an additional 1,048,921 shares during the period. SPX Gestao de Recursos Ltda increased its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the period. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Finally, Penserra Capital Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $174.64 on Friday. The firm has a market capitalization of $72.76 billion, a PE ratio of 20.93 and a beta of 1.07. The firm’s 50-day moving average is $178.64 and its two-hundred day moving average is $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).