SteelPeak Wealth LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SteelPeak Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 5,860 shares of the company’s stock after purchasing an additional 830 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,050,000 as of its most recent filing with the SEC.

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

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

NYSEARCA RSP opened at $178.19 on Thursday. The stock has a market cap of $59.68 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $134.50 and a fifty-two week high of $182.22. The business has a 50 day moving average price of $176.90 and a two-hundred day moving average price of $169.57.

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).