Sar Wealth Management Group LLC Acquires 6,082 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sar Wealth Management Group LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,733 shares of the company’s stock after buying an additional 6,082 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.1% of Sar Wealth Management Group LLC’s investment portfolio, making the stock its 8th biggest position. Sar Wealth Management Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,528,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Sandbox Financial Partners LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 28.0% during the 1st quarter. Sandbox Financial Partners LLC now owns 7,962 shares of the company’s stock valued at $1,349,000 after purchasing an additional 1,744 shares in the last quarter. Epiq Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $718,000. Wealthcare Advisory Partners LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 194.5% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 40,480 shares of the company’s stock valued at $6,856,000 after purchasing an additional 26,736 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.3% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 4,288 shares of the company’s stock valued at $726,000 after purchasing an additional 95 shares in the last quarter. Finally, Sunpointe LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 19.0% during the 1st quarter. Sunpointe LLC now owns 14,108 shares of the company’s stock valued at $2,390,000 after purchasing an additional 2,251 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0 %

RSP stock traded down $0.08 during midday trading on Thursday, reaching $163.88. 1,433,053 shares of the company’s stock traded hands, compared to its average volume of 6,056,861. The company has a 50-day simple moving average of $164.43 and a two-hundred day simple moving average of $161.86. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80. The company has a market cap of $54.89 billion, a price-to-earnings 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).