Madison Park Capital Advisors LLC Invests $1.09 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Madison Park Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,885 shares of the company’s stock, valued at approximately $1,086,000. Invesco S&P 500 Equal Weight ETF makes up approximately 1.0% of Madison Park Capital Advisors LLC’s holdings, making the stock its 25th biggest holding.

Several other institutional investors have also bought and sold shares of RSP. SJS Investment Consulting Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000. GAMMA Investing LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $38,000. SOA Wealth Advisors LLC. grew its position in 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 acquiring an additional 103 shares during the last quarter. Finally, CVA Family Office LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $76,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP traded up $1.43 on Tuesday, reaching $162.46. The stock had a trading volume of 3,997,270 shares, compared to its average volume of 6,627,177. The company has a 50-day simple moving average of $163.96 and a 200-day simple moving average of $154.79. The firm has a market capitalization of $55.16 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

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).