Roberts Wealth Advisors LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Roberts Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,925 shares of the company’s stock, valued at approximately $470,000.

Several other institutional investors have also recently made changes to their positions in RSP. Morgan Stanley increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after acquiring an additional 2,153,993 shares during the last quarter. Truist Financial Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares during the period. UBS Group AG boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after purchasing an additional 90,811 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $860,010,000. Finally, Balyasny Asset Management L.P. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $671,392,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $164.28 on Monday. The business has a fifty day simple moving average of $164.71 and a 200 day simple moving average of $162.09. The company has a market capitalization of $55.02 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80.

Invesco S&P 500 Equal Weight ETF 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).