Lodestar Private Asset Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lodestar Private Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,561 shares of the company’s stock after acquiring an additional 122 shares during the period. Lodestar Private Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $280,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Valmark Advisers Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 3rd quarter. Valmark Advisers Inc. now owns 10,163 shares of the company’s stock worth $1,821,000 after buying an additional 2,083 shares during the period. Strategic Blueprint LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 8.0% in the 3rd quarter. Strategic Blueprint LLC now owns 5,018 shares of the company’s stock valued at $899,000 after buying an additional 370 shares during the last quarter. Diversify Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 13.5% in the 3rd quarter. Diversify Advisory Services LLC now owns 32,957 shares of the company’s stock valued at $5,916,000 after buying an additional 3,917 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $110,000. Finally, Trail Ridge Investment Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.1% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 9,458 shares of the company’s stock worth $1,692,000 after purchasing an additional 1,098 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of NYSEARCA:RSP opened at $178.19 on Thursday. The company has a market cap of $59.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s 50-day simple moving average is $176.90 and its 200-day simple moving average is $169.57. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $134.50 and a fifty-two week high of $182.22.

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).