Larry Mathis Financial Planning LLC Purchases 10,142 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Larry Mathis Financial Planning LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,021.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,135 shares of the company’s stock after acquiring an additional 10,142 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.0% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 8th largest position. Larry Mathis Financial Planning LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,316,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in RSP. Bank of America Corp DE raised its position in Invesco S&P 500 Equal Weight ETF by 16.4% in the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after purchasing an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after purchasing an additional 60,000 shares during the last quarter. Trust Co of Tennessee boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after buying an additional 12,435 shares during the period. Finally, First Interstate Bank boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the first quarter. First Interstate Bank now owns 761,230 shares of the company’s stock valued at $146,095,000 after buying an additional 4,860 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $217.29 on Tuesday. The stock has a market cap of $99.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock’s 50 day moving average price is $215.35 and its 200-day moving average price is $207.21. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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.