Elm3 Financial Group LLC Buys Shares of 1,635 Invesco S&P 500 Equal Weight ETF $RSP

Elm3 Financial Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to its most recent filing with the SEC. The firm purchased 1,635 shares of the company’s stock, valued at approximately $297,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Family Wealth Counselors L.L.C. boosted its position in Invesco S&P 500 Equal Weight ETF by 2.5% during the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after purchasing an additional 1,320 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after buying an additional 492 shares in the last quarter. Rhumbline Advisers grew its stake in Invesco S&P 500 Equal Weight ETF by 6.1% in the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after acquiring an additional 873 shares during the last quarter. Biltmore Family Office LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock valued at $11,595,000 after acquiring an additional 11,477 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 171.1% during the first quarter. Blue Trust Inc. now owns 431 shares of the company’s stock worth $75,000 after acquiring an additional 272 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $191.19 on Tuesday. The firm’s 50-day moving average is $187.31 and its two-hundred day moving average is $179.31. The company has a market capitalization of $75.15 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30.

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).