Excalibur Management Corp Has $2.20 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Excalibur Management Corp raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 13,396 shares of the company’s stock after buying an additional 3,847 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 0.9% of Excalibur Management Corp’s holdings, making the stock its 26th largest holding. Excalibur Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairman Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $27,000. DHJJ Financial Advisors Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares in the last quarter. Central Bank & Trust Co. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $36,000. Finally, Silicon Valley Capital Partners acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $41,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.28 on Tuesday. The company has a market capitalization of $59.04 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $176.59. The firm’s 50-day moving average price is $170.28 and its two-hundred day moving average price is $166.72.

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).