Ballast Inc. Boosts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ballast Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,866 shares of the company’s stock after acquiring an additional 12,093 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 4.1% of Ballast Inc.’s investment portfolio, making the stock its 7th largest holding. Ballast Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,170,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of RSP. Riversedge Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares during the last quarter. Brightwater Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $3,227,000. Montis Financial LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after buying an additional 21,202 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after acquiring an additional 2,206 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.16 and a 1-year high of $188.16. The business’s fifty day moving average price is $180.54 and its two-hundred day moving average price is $176.04. The company has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).