Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Willis Investment Counsel

Willis Investment Counsel increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 119.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,918 shares of the company’s stock after purchasing an additional 27,176 shares during the period. Willis Investment Counsel’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after purchasing an additional 137,493 shares during the period. CMG Global Holdings LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.6% during the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after buying an additional 4,262 shares in the last quarter. Sowell Financial Services LLC grew its position in Invesco S&P 500 Equal Weight ETF by 23.2% during the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after buying an additional 3,829 shares during the period. Argent Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after buying an additional 3,135 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the second quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock worth $21,244,000 after acquiring an additional 37,119 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 1.3%

NYSEARCA:RSP opened at $201.07 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $201.24. The stock’s 50-day moving average price is $195.18 and its 200-day moving average price is $190.24. The stock has a market capitalization of $83.38 billion, a PE ratio of 20.10 and a beta of 0.99.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.