Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 47.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,785 shares of the company’s stock after purchasing an additional 13,446 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 0.6% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 16th largest position. Steel Grove Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Weaver Consulting Group boosted its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after buying an additional 48 shares during the last quarter. Charis Legacy Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after buying an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after buying an additional 50 shares during the last quarter. Ballast Rock Private Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after buying an additional 51 shares during the last quarter. Finally, Boston Standard Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.7% during the 2nd quarter. Boston Standard Wealth Management LLC now owns 2,012 shares of the company’s stock valued at $431,000 after acquiring an additional 53 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

NYSEARCA RSP traded down $0.42 on Tuesday, hitting $212.77. 4,758,588 shares of the company’s stock traded hands, compared to its average volume of 11,991,229. The firm’s 50-day moving average price is $216.30 and its two-hundred day moving average price is $209.87. The firm has a market capitalization of $96.69 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43.

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.