Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Grimes & Company Inc.

Grimes & Company Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 181,371 shares of the company’s stock after buying an additional 3,076 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 0.9% of Grimes & Company Inc.’s portfolio, making the stock its 23rd biggest holding. Grimes & Company Inc. owned about 0.05% of Invesco S&P 500 Equal Weight ETF worth $31,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Sandy Cove Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $222,000. Riversedge Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares in the last quarter. Blue Trust Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares in the last quarter. Brightwater Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $3,227,000. Finally, Montis Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $182.19 on Friday. The stock has a fifty day moving average price of $180.39 and a two-hundred day moving average price of $176.57. The stock has a market capitalization of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $155.79 and a 1 year high of $188.16.

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).