Echo45 Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,667 shares of the company’s stock after purchasing an additional 3,179 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 5.6% of Echo45 Advisors LLC’s holdings, making the stock its 6th largest holding. Echo45 Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,540,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. CPA Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares during the last quarter. Inlet Private Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the last quarter. Everett Harris & Co. CA grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares during the period. Delta Investment Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the last quarter. Finally, America First Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Up 0.2 %
RSP traded up $0.32 during midday trading on Wednesday, hitting $178.90. The company’s stock had a trading volume of 843,714 shares, compared to its average volume of 6,031,492. The firm has a market cap of $59.92 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $134.50 and a 52-week high of $182.22. The firm has a 50-day moving average price of $176.79 and a two-hundred day moving average price of $169.51.
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).
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