Paces Ferry Wealth Advisors LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Paces Ferry Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,335 shares of the company’s stock after buying an additional 768 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.9% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. Paces Ferry Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,176,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares during the period. Central Bank & Trust Co. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $36,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $41,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $176.21 on Thursday. The firm has a fifty day moving average price of $170.76 and a 200 day moving average price of $166.88. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $178.40. The stock has a market cap of $59.02 billion, a P/E 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).