IFG Advisory LLC Buys 764 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IFG Advisory LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,200 shares of the company’s stock after acquiring an additional 764 shares during the quarter. IFG Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,133,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after purchasing an additional 7,948,942 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares in the last quarter. UBS Group AG lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.4% during the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares in the last quarter. Finally, Invesco Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 15.6% in the 3rd quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock valued at $640,586,000 after buying an additional 609,306 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $168.78 on Thursday. The business’s 50 day simple moving average is $161.09 and its 200 day simple moving average is $151.82. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $168.79. The firm has a market cap of $47.71 billion, a PE ratio of 16.13 and a beta of 1.05.

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).