Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Holdings Raised by Novare Capital Management LLC

Novare Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,253 shares of the company’s stock after purchasing an additional 412 shares during the quarter. Novare Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Muirfield Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the third quarter. Muirfield Wealth Advisors LLC now owns 78,980 shares of the company’s stock worth $14,150,000 after acquiring an additional 1,009 shares in the last quarter. Harrell Investment Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 34.4% in the 3rd quarter. Harrell Investment Partners LLC now owns 1,825 shares of the company’s stock worth $327,000 after purchasing an additional 467 shares during the period. Boston Mountain Money Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 8.3% in the 3rd quarter. Boston Mountain Money Management Inc. now owns 12,174 shares of the company’s stock worth $2,181,000 after purchasing an additional 937 shares during the period. Elk River Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.1% during the 3rd quarter. Elk River Wealth Management LLC now owns 192,011 shares of the company’s stock worth $34,401,000 after purchasing an additional 3,864 shares in the last quarter. Finally, Sapient Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $25,225,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.74 on Monday, reaching $180.64. 1,273,947 shares of the company’s stock traded hands, compared to its average volume of 6,146,980. The company has a market capitalization of $60.50 billion, a P/E 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 $180.65. The business’s 50 day moving average price is $173.79 and its two-hundred day moving average price is $168.38.

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).