Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2,248.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 179,890 shares of the company’s stock after acquiring an additional 172,230 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 3.3% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 2nd biggest position. Onyx Bridge Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $37,421,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in RSP. Weaver Consulting Group grew its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after buying an additional 48 shares in the last quarter. Sage Capital Advisors llc increased its stake in Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after acquiring an additional 48 shares during the period. Charis Legacy Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after acquiring an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after acquiring an additional 50 shares in the last quarter. Finally, Tenon Financial LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4%

Shares of RSP stock opened at $214.09 on Friday. The stock has a 50 day moving average of $215.81 and a two-hundred day moving average of $210.38. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The company has a market capitalization of $98.92 billion, a P/E ratio of 20.10 and a beta of 0.92.

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). 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.