Valmark Advisers Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,387 shares of the company’s stock after purchasing an additional 213 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,978,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Richardson Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $30,000. OLD Second National Bank of Aurora acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $31,000. Finally, Howe & Rusling Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.3%
Shares of NYSEARCA:RSP opened at $190.97 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The company has a market capitalization of $75.06 billion, a PE ratio of 20.10 and a beta of 1.05. The business has a 50 day moving average of $187.50 and a two-hundred day moving average of $179.47.
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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