Southeast Asset Advisors LLC Buys 1,684 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Southeast Asset Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 153,866 shares of the company’s stock after buying an additional 1,684 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.3% of Southeast Asset Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Southeast Asset Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,964,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Brighton Jones LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $83,931,000. Bison Wealth LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the period. University of Texas Texas AM Investment Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. University of Texas Texas AM Investment Management Co. now owns 3,521 shares of the company’s stock worth $610,000 after buying an additional 1,157 shares during the period. Finally, Ameraudi Asset Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 98.2% during the first quarter. Ameraudi Asset Management Inc. now owns 15,871 shares of the company’s stock worth $2,749,000 after buying an additional 7,864 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $186.53 on Tuesday. The firm’s 50 day moving average price is $188.38 and its two-hundred day moving average price is $184.67. The stock has a market cap of $72.15 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33.

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).