Boston Standard Wealth Management LLC Buys 768 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Boston Standard Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 62.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,990 shares of the company’s stock after buying an additional 768 shares during the period. Boston Standard Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $362,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $26,000. Richardson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $30,000. OLD Second National Bank of Aurora bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $31,000. Howe & Rusling Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares in the last quarter. Finally, Mattson Financial Services LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $188.96 on Friday. The business’s 50 day simple moving average is $185.95 and its two-hundred day simple moving average is $177.71. The firm has a market cap of $74.91 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $190.54.

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).