Principal Securities Inc. Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Principal Securities Inc. increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 24,117 shares of the company’s stock after buying an additional 1,666 shares during the period. Principal Securities Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,321,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CPA Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the last quarter. Delta Investment Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the second 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 last quarter. America First Investment Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares during the last quarter. Finally, Opal Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

NYSEARCA RSP opened at $176.41 on Friday. The company has a market cap of $59.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $137.38 and a 52 week high of $182.22. The firm’s 50-day simple moving average is $177.03 and its two-hundred day simple moving average is $169.73.

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).