52,356 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 52,356 shares of the company’s stock, valued at approximately $10,891,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Highland Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000. Brandywine Financial Group boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the period. Rogco LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $34,000. Finally, Asset Dedication LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $36,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $212.09 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The company has a 50-day simple moving average of $216.01 and a 200-day simple moving average of $210.16. The firm has a market capitalization of $97.35 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.