Meridian Wealth Partners LLC Takes $251,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Meridian Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,591 shares of the company’s stock, valued at approximately $251,000.

A number of other large investors have also added to or reduced their stakes in RSP. Ropes Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.2% in the 3rd quarter. Ropes Wealth Advisors LLC now owns 3,313 shares of the company’s stock worth $469,000 after purchasing an additional 667 shares in the last quarter. Trust Co. of Toledo NA OH increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.2% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 6,907 shares of the company’s stock worth $979,000 after purchasing an additional 693 shares in the last quarter. Quattro Financial Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $2,215,000. Manning & Napier Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the 3rd quarter. Manning & Napier Group LLC now owns 105,858 shares of the company’s stock worth $14,999,000 after purchasing an additional 5,092 shares in the last quarter. Finally, Modus Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.3% in the 3rd quarter. Modus Advisors LLC now owns 29,266 shares of the company’s stock worth $4,147,000 after purchasing an additional 666 shares in the last quarter.

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

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.08 on Friday, reaching $162.43. The company’s stock had a trading volume of 5,649,491 shares, 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 market capitalization of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The firm’s fifty day simple moving average is $164.11 and its two-hundred day simple moving average is $155.13.

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).