Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Roger Wittlin Investment Advisory LLC

Roger Wittlin Investment Advisory LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.2% in the third quarter, Holdings Channel.com reports. The firm owned 23,620 shares of the company’s stock after acquiring an additional 4,909 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 2.4% of Roger Wittlin Investment Advisory LLC’s portfolio, making the stock its 12th largest position. Roger Wittlin Investment Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Avior Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 383.7% during the third quarter. Avior Wealth Management LLC now owns 4,208 shares of the company’s stock worth $754,000 after acquiring an additional 3,338 shares during the last quarter. Counterweight Ventures LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 7.6% during the third quarter. Counterweight Ventures LLC now owns 21,609 shares of the company’s stock worth $3,871,000 after buying an additional 1,528 shares during the period. Second Half Financial Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 47.4% during the 3rd quarter. Second Half Financial Partners LLC now owns 6,725 shares of the company’s stock worth $1,205,000 after purchasing an additional 2,163 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 452,369 shares of the company’s stock valued at $81,046,000 after buying an additional 53,221 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $577,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $181.18 on Wednesday. The stock’s 50-day simple moving average is $179.05 and its 200-day simple moving average is $171.59. Invesco S&P 500 Equal Weight ETF has a 1 year low of $144.83 and a 1 year high of $185.79. The firm has a market cap of $60.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).