Invesco S&P 500 Equal Weight ETF $RSP Holdings Boosted by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,069 shares of the company’s stock after acquiring an additional 874 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,193,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. Brighton Jones LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bison Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.8% during the first quarter. Atlantic Union Bankshares Corp now owns 3,080 shares of the company’s stock valued at $534,000 after acquiring an additional 223 shares during the period. Finally, Wealth Alliance LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.1% during the first quarter. Wealth Alliance LLC now owns 4,098 shares of the company’s stock worth $710,000 after acquiring an additional 83 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3%

RSP stock opened at $184.88 on Tuesday. The stock has a market cap of $71.51 billion, a PE ratio of 20.10 and a beta of 0.99. The firm’s 50-day simple moving average is $188.77 and its 200 day simple moving average is $184.20. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.33.

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).