Sugar Maple Asset Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sugar Maple Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,665 shares of the company’s stock, valued at approximately $298,000.

A number of other large investors have also modified their holdings of the company. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. lifted its position 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 buying an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its stake 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 valued at $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares during the period. Finally, Creekmur Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $180.94 on Friday. The company’s fifty day moving average is $178.67 and its 200-day moving average is $171.25. Invesco S&P 500 Equal Weight ETF has a 52 week low of $144.35 and a 52 week high of $185.79. The company has a market capitalization of $60.60 billion, a PE 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).