Coordinated Financial Services Inc. Invests $989,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Coordinated Financial Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,645 shares of the company’s stock, valued at approximately $989,000.

Several other institutional investors and hedge funds have also modified their holdings of RSP. SJS Investment Consulting Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $28,000. Van ECK Associates Corp grew its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $29,000. Finally, Roxbury Financial LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

Invesco S&P 500 Equal Weight ETF stock opened at $176.69 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a market cap of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07. The stock’s 50 day simple moving average is $179.07 and its two-hundred day simple moving average is $179.13.

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).