5,932 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by Diligent Investors LLC

Diligent Investors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,932 shares of the company’s stock, valued at approximately $1,234,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Massachusetts Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.1% during the third quarter. Massachusetts Wealth Management now owns 5,757 shares of the company’s stock worth $1,198,000 after buying an additional 330 shares during the last quarter. Seamount Financial Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.0% during the third quarter. Seamount Financial Group Inc. now owns 5,406 shares of the company’s stock valued at $1,125,000 after buying an additional 787 shares during the last quarter. Signature Wealth Management Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $295,000. Magnus Financial Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.6% during the third quarter. Magnus Financial Group LLC now owns 41,917 shares of the company’s stock valued at $8,720,000 after buying an additional 2,597 shares during the last quarter. Finally, Hartford Financial Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $653,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $216.64 on Thursday. The firm has a 50-day moving average of $215.49 and a 200-day moving average of $211.02. The company has a market cap of $100.12 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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.