Prime Capital Investment Advisors LLC Buys 4,435 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Prime Capital Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,100 shares of the company’s stock after purchasing an additional 4,435 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,520,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SlateStone Wealth LLC increased its position in Invesco S&P 500 Equal Weight ETF by 5.7% in the 3rd quarter. SlateStone Wealth LLC now owns 13,729 shares of the company’s stock valued at $2,604,000 after buying an additional 738 shares in the last quarter. Willis Investment Counsel increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 119.5% during the third quarter. Willis Investment Counsel now owns 49,918 shares of the company’s stock valued at $9,469,000 after acquiring an additional 27,176 shares in the last quarter. Black Diamond Financial LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 587.3% during the third quarter. Black Diamond Financial LLC now owns 37,836 shares of the company’s stock worth $7,178,000 after purchasing an additional 32,331 shares during the period. Fusion Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the 3rd quarter. Fusion Capital LLC now owns 2,728 shares of the company’s stock worth $513,000 after purchasing an additional 164 shares in the last quarter. Finally, Vantage Financial Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 18.2% in the 3rd quarter. Vantage Financial Partners LLC now owns 32,810 shares of the company’s stock valued at $6,224,000 after purchasing an additional 5,055 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9%

Shares of RSP stock opened at $202.26 on Friday. The firm has a fifty day simple moving average of $195.39 and a two-hundred day simple moving average of $190.37. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $202.49. The firm has a market capitalization of $83.88 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.