Invesco S&P 500 Equal Weight ETF $RSP Stock: Prime Capital Investment Advisors LLC Raises Holdings

Prime Capital Investment Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 78.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,585 shares of the company’s stock after purchasing an additional 15,663 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,402,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Venture Visionary Partners LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $794,000. NewEdge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after buying an additional 76,324 shares in the last quarter. Corient Private Wealth LP boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after buying an additional 58,956 shares in the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $2,939,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 1.2%

Shares of RSP stock opened at $215.86 on Wednesday. The firm has a 50 day moving average of $215.58 and a 200-day moving average of $210.85. The company has a market cap of $99.76 billion, a price-to-earnings 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.

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.