Integrated Advisors Network LLC Buys 27,282 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Integrated Advisors Network LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 42.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,642 shares of the company’s stock after purchasing an additional 27,282 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 0.7% of Integrated Advisors Network LLC’s holdings, making the stock its 24th biggest position. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,384,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $11,553,000. Finally, HBK Sorce Advisory LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 2nd quarter. HBK Sorce Advisory LLC now owns 26,315 shares of the company’s stock worth $4,782,000 after purchasing an additional 67 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

NYSEARCA RSP opened at $204.73 on Friday. The company has a market cap of $84.90 billion, a P/E ratio of 20.10 and a beta of 0.99. The company has a fifty day simple moving average of $198.48 and a 200 day simple moving average of $192.14. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.