Integrity Alliance LLC. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,330 shares of the company’s stock, valued at approximately $1,317,000.
A number of other institutional investors also recently added to or reduced their stakes in RSP. Weaver Consulting Group grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after acquiring an additional 48 shares in the last quarter. Sage Capital Advisors llc raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after purchasing an additional 48 shares in the last quarter. Charis Legacy Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after purchasing an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after purchasing an additional 50 shares in the last quarter. Finally, Tenon Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 2.9%
Invesco S&P 500 Equal Weight ETF stock opened at $216.87 on Friday. The stock has a market cap of $100.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The company has a fifty day simple moving average of $214.89 and a 200-day simple moving average of $208.17. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $224.20.
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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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