Dynamic Advisor Solutions LLC Acquires 1,036 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Dynamic Advisor Solutions LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,080 shares of the company’s stock after acquiring an additional 1,036 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,126,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Sandy Cove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $222,000. Riversedge Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the period. Brightwater Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $3,227,000. Finally, Montis Financial LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after acquiring an additional 21,202 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $182.19 on Friday. The business’s 50-day simple moving average is $180.36 and its 200-day simple moving average is $176.44. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The stock has a market capitalization of $61.02 billion, a PE 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).