Focus Financial Network Inc. Purchases 1,257 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Focus Financial Network Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,815 shares of the company’s stock after purchasing an additional 1,257 shares during the quarter. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,225,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beaumont Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after purchasing an additional 61 shares during the period. CPA Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares in the last quarter. Inlet Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Finally, Abound Wealth Management lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after purchasing an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

Invesco S&P 500 Equal Weight ETF stock opened at $180.73 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.16 and a twelve month high of $188.16. The company has a market capitalization of $60.53 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average is $179.62 and its 200 day moving average is $177.59.

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).