Smith Anglin Financial LLC Buys 55,518 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Smith Anglin Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,219.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,070 shares of the company’s stock after buying an additional 55,518 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.7% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 18th biggest holding. Smith Anglin Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,054,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSP. FMR LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 7.4% in the first quarter. FMR LLC now owns 18,240 shares of the company’s stock valued at $1,905,000 after buying an additional 1,251 shares in the last quarter. Fermata Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $1,351,000. Meeder Asset Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $35,000. Ironwood Wealth Management LLC. lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.9% in the first quarter. Ironwood Wealth Management LLC. now owns 3,155 shares of the company’s stock valued at $447,000 after buying an additional 410 shares in the last quarter. Finally, Donaldson Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 11.6% in the first quarter. Donaldson Capital Management LLC now owns 4,100 shares of the company’s stock valued at $581,000 after buying an additional 425 shares in the last quarter.

Shares of RSP stock traded up $1.39 during trading on Wednesday, reaching $154.73. The company’s stock had a trading volume of 87,792 shares, compared to its average volume of 2,530,509. The business has a fifty day moving average price of $153.42 and a 200-day moving average price of $149.02. Invesco S&P 500 Equal Weight ETF has a one year low of $103.48 and a one year high of $157.46.

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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