Avior Wealth Management LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Avior Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 383.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,208 shares of the company’s stock after purchasing an additional 3,338 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $754,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of RSP. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Richardson Financial Services Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. raised its position 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 purchasing an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $181.79 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $145.49 and a fifty-two week high of $185.79. The firm has a market capitalization of $60.89 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s 50-day simple moving average is $179.24 and its 200-day simple moving average is $171.66.

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).