Invesco S&P 500 Equal Weight ETF $RSP Stake Raised by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,550 shares of the company’s stock after buying an additional 4,269 shares during the quarter. Mountain Pacific Investment Advisers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,355,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Highland Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $26,000. Brandywine Financial Group increased its position in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second 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 period. Valley National Advisers Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $31,000. Rogco LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $34,000. Finally, Asset Dedication LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $36,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of NYSEARCA RSP opened at $219.26 on Wednesday. The business has a fifty day simple moving average of $214.96 and a 200 day simple moving average of $207.96. The firm has a market capitalization of $101.10 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year 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.