Mathes Company Inc. Purchases 1,325 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mathes Company Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,750 shares of the company’s stock after buying an additional 1,325 shares during the quarter. Mathes Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $493,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. lifted 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 valued at $29,000 after purchasing an additional 72 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $33,000. Finally, Riggs Asset Managment Co. Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded up $0.11 on Friday, hitting $176.40. 4,247,007 shares of the company were exchanged, compared to its average volume of 6,046,174. The company has a market cap of $59.08 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $137.38 and a 12 month high of $182.22. The stock’s fifty day moving average is $177.03 and its 200-day moving average is $169.73.

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).