Kovack Advisors Inc. Has $2.89 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kovack Advisors Inc. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 138.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,327 shares of the company’s stock after acquiring an additional 10,639 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,892,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RSP. Core Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $38,000. GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $38,000. SOA Wealth Advisors LLC. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares during the period. CVA Family Office LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $76,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $90,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

NYSEARCA RSP traded up $0.06 on Friday, reaching $162.41. The company’s stock had a trading volume of 5,647,445 shares, compared to its average volume of 6,594,313. The firm has a market cap of $55.14 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The business has a 50-day moving average price of $164.11 and a 200 day moving average price of $155.04.

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).