Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Edge Wealth Management LLC

Edge Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,113 shares of the company’s stock after buying an additional 423 shares during the period. Edge Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $558,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Peak Financial Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $12,967,000. Cabot Wealth Management Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 8.1% in the 3rd quarter. Cabot Wealth Management Inc. now owns 51,310 shares of the company’s stock worth $9,193,000 after acquiring an additional 3,827 shares during the period. Bbjs Financial Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 6.5% in the 3rd quarter. Bbjs Financial Advisors LLC now owns 146,802 shares of the company’s stock worth $26,301,000 after acquiring an additional 8,987 shares during the period. Hayek Kallen Investment Management purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $215,000. Finally, Prairie Sky Financial Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 3rd quarter. Prairie Sky Financial Group LLC now owns 54,204 shares of the company’s stock valued at $9,711,000 after purchasing an additional 1,936 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Shares of RSP traded down $0.79 during mid-day trading on Tuesday, reaching $180.43. The company had a trading volume of 5,151,735 shares, compared to its average volume of 6,151,763. The stock has a market cap of $60.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a fifty day simple moving average of $174.15 and a 200-day simple moving average of $168.46. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22.

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).