Ndwm LLC Buys 3,165 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ndwm LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 80,186 shares of the company’s stock after purchasing an additional 3,165 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 9.6% of Ndwm LLC’s investment portfolio, making the stock its 2nd largest position. Ndwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,680,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Highland Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $26,000. Brandywine Financial Group raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the period. Valley National Advisers Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $31,000. Rogco LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. Finally, Asset Dedication LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st 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 Price Performance

NYSEARCA RSP opened at $222.65 on Thursday. The company has a market cap of $105.79 billion, a P/E ratio of 20.90 and a beta of 0.92. The stock has a 50-day moving average of $214.92 and a two-hundred day moving average of $208.60. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $224.20.

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.