International Assets Investment Management LLC Invests $3.12 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 17,873 shares of the company’s stock, valued at approximately $3,123,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. McAlister Sweet & Associates Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 74.9% during the 4th quarter. McAlister Sweet & Associates Inc. now owns 56,559 shares of the company’s stock valued at $9,911,000 after purchasing an additional 24,227 shares during the last quarter. Strathmore Capital Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $250,000. Bank of New Hampshire raised its position in Invesco S&P 500 Equal Weight ETF by 4.0% in the fourth quarter. Bank of New Hampshire now owns 2,100 shares of the company’s stock valued at $368,000 after purchasing an additional 81 shares during the last quarter. Bangor Savings Bank boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.1% during the fourth quarter. Bangor Savings Bank now owns 10,245 shares of the company’s stock valued at $1,795,000 after purchasing an additional 2,431 shares in the last quarter. Finally, Advance Capital Management Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.3% in the fourth quarter. Advance Capital Management Inc. now owns 7,910 shares of the company’s stock valued at $1,386,000 after buying an additional 536 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6 %

RSP traded down $1.13 during midday trading on Wednesday, hitting $174.48. 1,645,652 shares of the company were exchanged, compared to its average volume of 6,429,289. The firm’s 50 day moving average price is $181.01 and its 200-day moving average price is $175.42. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.10 and a 1-year high of $188.16. The firm has a market capitalization of $58.44 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).