Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Patten Group Inc.

Patten Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,956 shares of the company’s stock after purchasing an additional 234 shares during the quarter. Patten Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,446,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Richardson Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $30,000. Howe & Rusling Inc. grew its position in shares of 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 valued at $33,000 after purchasing an additional 124 shares during the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $37,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $190.76 on Wednesday. The company’s 50 day simple moving average is $188.42 and its 200-day simple moving average is $180.56. The firm has a market capitalization of $73.50 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30.

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).