Invesco S&P 500 Equal Weight ETF $RSP Stock Acquired by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,353 shares of the company’s stock after acquiring an additional 2,620 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.9% of Burke & Herbert Bank & Trust Co.’s holdings, making the stock its 9th biggest holding. Burke & Herbert Bank & Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,978,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in RSP. Steele Capital Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the 3rd quarter. Steele Capital Management Inc. now owns 223,903 shares of the company’s stock valued at $46,576,000 after buying an additional 1,988 shares in the last quarter. Pekin Hardy Strauss Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 43.9% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 1,987 shares of the company’s stock valued at $413,000 after buying an additional 606 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.6% in the third quarter. Westside Investment Management Inc. now owns 4,545 shares of the company’s stock worth $946,000 after purchasing an additional 472 shares during the last quarter. Principle Wealth Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 26.0% in the 3rd quarter. Principle Wealth Partners LLC now owns 5,516 shares of the company’s stock worth $1,147,000 after buying an additional 1,138 shares during the last quarter. Finally, Monte Financial Group LLC increased its position in Invesco S&P 500 Equal Weight ETF by 7.0% during the 3rd quarter. Monte Financial Group LLC now owns 5,484 shares of the company’s stock valued at $1,141,000 after purchasing an additional 361 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $216.87 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $224.20. The firm has a 50-day moving average of $214.89 and a 200 day moving average of $208.17. The company has a market cap of $100.00 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.