Transcend Capital Advisors LLC Acquires 12,281 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Transcend Capital Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 144.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,758 shares of the company’s stock after purchasing an additional 12,281 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,276,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Core Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $38,000. GAMMA Investing LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $38,000. SOA Wealth Advisors LLC. grew its position in Invesco S&P 500 Equal Weight ETF by 51.5% in 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 in the last quarter. CVA Family Office LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $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 valued at approximately $90,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.08 on Friday, reaching $162.43. 5,649,491 shares of the company traded hands, compared to its average volume of 6,594,313. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The company has a 50 day moving average of $164.11 and a 200 day moving average of $155.04. The firm has a market capitalization of $55.15 billion, a PE ratio of 20.43 and a beta of 0.93.

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).