Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,451 shares of the company’s stock after purchasing an additional 183 shares during the period. Salem Investment Counselors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. Cambridge Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $177.35 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16. The firm has a market capitalization of $71.69 billion, a PE ratio of 20.59 and a beta of 0.99. The stock’s 50-day simple moving average is $171.68 and its 200-day simple moving average is $175.71.

Invesco S&P 500 Equal Weight ETF 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).