WESPAC Advisors LLC Takes $1.58 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

WESPAC Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,038 shares of the company’s stock, valued at approximately $1,584,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of WESPAC Advisors LLC’s investment portfolio, making the stock its 18th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in RSP. SJS Investment Consulting Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $28,000. Finally, Richardson Financial Services Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 1.4 %

RSP opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The firm has a market capitalization of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average is $178.93 and its 200-day moving average is $178.44.

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).