Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Purchased by Sterling Manor Financial LLC

Sterling Manor Financial LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 68,390 shares of the company’s stock, valued at approximately $14,227,000. Invesco S&P 500 Equal Weight ETF makes up about 8.2% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 3rd largest position.

Several other large investors have also added to or reduced their stakes in RSP. Weaver Consulting Group increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during 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 period. Sage Capital Advisors llc boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after acquiring an additional 48 shares during the period. Charis Legacy Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after acquiring an additional 49 shares during the period. Canvas Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after acquiring an additional 50 shares in the last quarter. Finally, Tenon Financial LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.0% during the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.88 during midday trading on Wednesday, reaching $216.74. 3,505,051 shares of the stock were exchanged, compared to its average volume of 11,887,296. The company’s fifty day moving average is $215.58 and its 200-day moving average is $210.85. The firm has a market cap of $100.16 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.

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.