Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Valued Retirements Inc.

Valued Retirements Inc. grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 11,235 shares of the company’s stock after buying an additional 2,609 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 2.3% of Valued Retirements Inc.’s investment portfolio, making the stock its 14th biggest holding. Valued Retirements Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,042,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Bison Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares in the last quarter. Commerce Bank grew its position in shares of Invesco S&P 500 Equal Weight ETF by 120.9% during the 1st quarter. Commerce Bank now owns 17,735 shares of the company’s stock valued at $3,072,000 after acquiring an additional 9,707 shares during the period. Finally, IFG Advisory LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 9.1% during the 1st quarter. IFG Advisory LLC now owns 5,396 shares of the company’s stock valued at $935,000 after acquiring an additional 451 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 Trading Up 0.5%

NYSEARCA RSP opened at $191.53 on Monday. The stock has a market capitalization of $74.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a 50-day moving average of $188.52 and a 200 day moving average of $185.07.

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).