Future Financial Wealth Managment LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Future Financial Wealth Managment LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 880 shares of the company’s stock, valued at approximately $158,000.

Several other hedge funds also recently modified their holdings of RSP. Everett Harris & Co. CA raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after buying an additional 65 shares during the period. Delta Investment Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the last quarter. America First Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares during the period. Opal Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after buying an additional 67 shares during the last quarter. Finally, Founders Financial Alliance LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after purchasing an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $177.60 on Wednesday. The business’s fifty day moving average is $173.21 and its 200 day moving average is $168.12. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $179.94. The company has a market capitalization of $59.49 billion, a PE ratio of 20.44 and a beta of 0.90.

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).