3,817 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by Rhodes Investment Advisors Inc. ADV

Rhodes Investment Advisors Inc. ADV purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,817 shares of the company’s stock, valued at approximately $794,000.

Several other hedge funds have also added to or reduced their stakes in the business. Vise Technologies Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 144.2% during the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after buying an additional 2,983 shares during the period. Pettyjohn Wood & White Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 14.9% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 30,320 shares of the company’s stock worth $5,808,000 after acquiring an additional 3,939 shares during the last quarter. Prism Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 10.6% during the first quarter. Prism Advisors Inc. now owns 59,379 shares of the company’s stock worth $11,396,000 after acquiring an additional 5,683 shares during the last quarter. Marino Stram & Associates LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.0% during the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock worth $5,754,000 after acquiring an additional 2,465 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8%

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $1.73 on Wednesday, hitting $210.60. The stock had a trading volume of 7,338,792 shares, compared to its average volume of 12,094,951. The stock has a market cap of $95.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The business’s 50 day moving average is $216.49 and its two-hundred day moving average is $209.42.

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.