Sanders Morris Harris LLC Invests $2.05 Million in Invesco S&P 500 Equal Weight ETF $RSP

Sanders Morris Harris LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 10,804 shares of the company’s stock, valued at approximately $2,050,000.

Other institutional investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $26,000. Investment Counsel Co. of Nevada acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $29,000. Howe & Rusling Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $34,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $192.29 on Wednesday. The business has a 50-day moving average of $189.13 and a two-hundred day moving average of $186.35. The firm has a market capitalization of $74.38 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46.

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).