45,231 Shares of Invesco S&P 500 Equal Weight ETF $RSP Bought by Wavvest Wealth LLC

Wavvest Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 45,231 shares of the company’s stock, valued at approximately $9,409,000. Invesco S&P 500 Equal Weight ETF makes up 7.4% of Wavvest Wealth LLC’s holdings, making the stock its largest position.

A number of other institutional investors also recently modified their holdings of the company. Arvest Investments Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the third quarter. Arvest Investments Inc. now owns 278,885 shares of the company’s stock valued at $58,014,000 after buying an additional 3,795 shares in the last quarter. Guardian Partners Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 224.1% in the third quarter. Guardian Partners Inc. now owns 2,379 shares of the company’s stock valued at $495,000 after buying an additional 1,645 shares during the last quarter. Schuylkill Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.6% during the 3rd quarter. Schuylkill Financial LLC now owns 16,395 shares of the company’s stock worth $3,410,000 after buying an additional 566 shares in the last quarter. Sterling Manor Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $14,227,000. Finally, Fifth Third Securities Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $2,539,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Shares of NYSEARCA:RSP opened at $216.64 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The company’s 50-day moving average price is $215.49 and its two-hundred day moving average price is $211.02. The firm has a market cap of $100.12 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.