Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Stephenson & Company Inc.

Stephenson & Company Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the 3rd quarter, Holdings Channel reports. The firm owned 117,155 shares of the company’s stock after acquiring an additional 1,982 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 14.2% of Stephenson & Company Inc.’s portfolio, making the stock its 2nd largest position. Stephenson & Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,990,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Richardson Financial Services Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. DHJJ Financial Advisors Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Finally, Creekmur Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.19 on Thursday. The business has a 50-day moving average of $176.90 and a 200 day moving average of $169.57. Invesco S&P 500 Equal Weight ETF has a 12 month low of $134.50 and a 12 month high of $182.22. The stock has a market capitalization of $59.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).