Ritter Daniher Financial Advisory LLC DE Has $1.14 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Ritter Daniher Financial Advisory LLC DE grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6,003.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,981 shares of the company’s stock after buying an additional 5,883 shares during the period. Ritter Daniher Financial Advisory LLC DE’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Investment Counsel Co. of Nevada acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $32,000. GoalVest Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $34,000. Cloud Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $35,000. Finally, Copia Wealth Management increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 335.8% in the third quarter. Copia Wealth Management now owns 231 shares of the company’s stock worth $44,000 after acquiring an additional 178 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $198.52 on Friday. The business’s 50-day simple moving average is $194.13 and its 200-day simple moving average is $189.70. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $200.78. The stock has a market capitalization of $83.05 billion, a PE ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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.