Prime Capital Investment Advisors LLC Buys 15,663 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Prime Capital Investment Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 78.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,585 shares of the company’s stock after purchasing an additional 15,663 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,402,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of RSP. Highland Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $26,000. Brandywine Financial Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the last quarter. Rogco LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $34,000. Asset Dedication LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $36,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $43,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 1.2%

Invesco S&P 500 Equal Weight ETF stock opened at $215.86 on Wednesday. The stock has a 50-day moving average price of $215.58 and a two-hundred day moving average price of $210.85. The company has a market capitalization of $99.76 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.

Invesco S&P 500 Equal Weight ETF Company 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.