True Vision MN LLC Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

True Vision MN LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,924 shares of the company’s stock after acquiring an additional 307 shares during the period. True Vision MN LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $524,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $29,000. Finally, DHJJ Financial Advisors Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded up $0.02 during midday trading on Wednesday, reaching $187.23. 5,590,611 shares of the stock traded hands, compared to its average volume of 6,087,056. The stock has a market capitalization of $62.71 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $146.09 and a 12 month high of $187.99. The company has a fifty day moving average of $180.09 and a 200 day moving average of $172.30.

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).