Patriot Financial Group Insurance Agency LLC Grows Position in Invesco S&P 500 Equal Weight ETF $RSP

Patriot Financial Group Insurance Agency LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 193.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,384 shares of the company’s stock after purchasing an additional 3,552 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,033,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Bison Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. Institutional investors own 61.18% of the company’s stock.

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

Shares of RSP opened at $213.05 on Tuesday. The firm has a fifty day moving average price of $206.45 and a 200-day moving average price of $200.37. The firm has a market capitalization of $91.91 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $214.30.

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). 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.