Kestra Advisory Services LLC Acquires 35,684 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Kestra Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 646,874 shares of the company’s stock after acquiring an additional 35,684 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $134,563,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Venture Visionary Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $794,000. Corient Private Wealth LP boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after buying an additional 58,956 shares during the period. Echo45 Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after buying an additional 2,346 shares in the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $2,939,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $216.87 on Friday. The company has a market cap of $100.00 billion, a P/E 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 $224.20. The business’s 50-day simple moving average is $214.89 and its 200 day simple moving average is $208.17.

About Invesco S&P 500 Equal Weight ETF

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.