Invesco S&P 500 Equal Weight ETF $RSP Stake Boosted by Focus Partners Wealth

Focus Partners Wealth lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,297,134 shares of the company’s stock after acquiring an additional 150,899 shares during the period. Focus Partners Wealth owned about 0.34% of Invesco S&P 500 Equal Weight ETF worth $245,646,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in RSP. Drucker Wealth 3.0 LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares in the last quarter. Battery Global Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after purchasing an additional 55 shares in the last quarter. Burns J W & Co. Inc. NY boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after buying an additional 57 shares during the period. Finally, Melfa Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock worth $659,000 after buying an additional 57 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 0.0%

NYSEARCA:RSP opened at $193.52 on Monday. The firm has a market capitalization of $80.25 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The business’s fifty day moving average price is $199.87 and its 200 day moving average price is $193.20.

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.