Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Rainey & Randall Investment Management Inc.

Rainey & Randall Investment Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% during the third quarter, Holdings Channel.com reports. The firm owned 105,960 shares of the company’s stock after buying an additional 4,715 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.1% of Rainey & Randall Investment Management Inc.’s portfolio, making the stock its 8th biggest position. Rainey & Randall Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. CPA Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the period. Everett Harris & Co. CA boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.4% during the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares in the last quarter. Delta Investment Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the period. Finally, America First Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after buying an additional 66 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

NYSEARCA:RSP opened at $179.51 on Wednesday. The business’s 50-day moving average price is $175.97 and its 200 day moving average price is $169.03. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $182.22. The firm has a market cap of $60.13 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).