Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21,084.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,491,606 shares of the company’s stock after purchasing an additional 8,451,521 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.9% of Strategic Financial Concepts LLC’s portfolio, making the stock its 8th largest holding. Strategic Financial Concepts LLC owned 2.54% of Invesco S&P 500 Equal Weight ETF worth $1,487,984,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of RSP. SPX Gestao de Recursos Ltda grew its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after buying an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $83,931,000. Penserra Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares during the last quarter. First Interstate Bank increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,324.6% in the third quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after purchasing an additional 363,899 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,116.1% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 386,527 shares of the company’s stock worth $64,951,000 after purchasing an additional 354,742 shares during the last quarter.

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

Shares of NYSEARCA:RSP opened at $181.11 on Friday. The business has a 50 day moving average price of $179.89 and a 200 day moving average price of $177.36. The company has a market cap of $60.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.16 and a twelve month high of $188.16.

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).