TFB Advisors LLC Purchases 749 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TFB Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,031 shares of the company’s stock after acquiring an additional 749 shares during the quarter. TFB Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $543,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. JB Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $292,000. Keudell Morrison Wealth Management grew its position in Invesco S&P 500 Equal Weight ETF by 22.6% during the 3rd quarter. Keudell Morrison Wealth Management now owns 1,981 shares of the company’s stock valued at $355,000 after purchasing an additional 365 shares during the last quarter. Kornitzer Capital Management Inc. KS bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $2,730,000. Ascent Wealth Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the 3rd quarter. Ascent Wealth Partners LLC now owns 83,710 shares of the company’s stock worth $14,997,000 after buying an additional 2,774 shares during the last quarter. Finally, General American Investors Co. Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.9% during the third quarter. General American Investors Co. Inc. now owns 30,611 shares of the company’s stock valued at $5,484,000 after purchasing an additional 2,500 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $183.08 on Friday. The company has a market capitalization of $61.32 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $139.03 and a 1-year high of $183.54. The firm’s 50 day simple moving average is $177.34 and its two-hundred day simple moving average is $170.22.

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).