Moors & Cabot Inc. Acquires 2,894 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Moors & Cabot Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,213 shares of the company’s stock after buying an additional 2,894 shares during the quarter. Moors & Cabot Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,614,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Keene & Associates Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after acquiring an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after acquiring an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in 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 during the last quarter. Ingalls & Snyder LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after purchasing an additional 58 shares during the last quarter. Finally, Boston Standard Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $171.07 on Thursday. The firm has a market capitalization of $71.11 billion, a PE ratio of 21.37 and a beta of 1.07. The business’s 50-day moving average price is $178.91 and its 200-day moving average price is $179.12. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16.

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).