Louisbourg Investments Inc. Grows Position in Invesco S&P 500 Equal Weight ETF $RSP

Louisbourg Investments Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,650 shares of the company’s stock after buying an additional 900 shares during the quarter. Louisbourg Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,298,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $26,000. Richardson Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $30,000. OLD Second National Bank of Aurora bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $31,000. Finally, Howe & Rusling Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 190.8% in 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 last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $185.12 on Friday. The company’s fifty day moving average is $187.69 and its 200 day moving average is $179.63. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.30. The stock has a market capitalization of $72.28 billion, a PE ratio of 20.10 and a beta of 1.05.

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).