Retirement Income Solutions Inc Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Retirement Income Solutions Inc increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,172 shares of the company’s stock after buying an additional 3,992 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of Retirement Income Solutions Inc’s portfolio, making the stock its 13th largest holding. Retirement Income Solutions Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Beaumont Financial Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after buying an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC raised its position in shares of 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 buying an additional 61 shares in the last quarter. CPA Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares in the last quarter. Finally, Abound Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $181.08 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a market capitalization of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average is $179.08 and its 200 day moving average is $177.93.

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).