Advance Capital Management Inc. Acquires 536 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Advance Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,910 shares of the company’s stock after purchasing an additional 536 shares during the quarter. Advance Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CPA Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares in the last quarter. Delta Investment Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares during the last quarter. America First Investment Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after purchasing an additional 66 shares during the period. Finally, Founders Financial Alliance LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.4% during the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after purchasing an additional 67 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

Shares of NYSEARCA:RSP traded down $0.12 during trading on Monday, reaching $176.20. The stock had a trading volume of 8,666,159 shares, compared to its average volume of 7,357,729. The stock has a fifty day simple moving average of $181.13 and a two-hundred day simple moving average of $175.27. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The firm has a market capitalization of $59.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).