Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Shepherd Financial Partners LLC’s 6th Largest Position

Shepherd Financial Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.2% in the 3rd quarter, Holdings Channel reports. The firm owned 188,400 shares of the company’s stock after purchasing an additional 321 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.1% of Shepherd Financial Partners LLC’s portfolio, making the stock its 6th largest position. Shepherd Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $33,754,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Finally, Creekmur Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $1.21 on Friday, hitting $177.50. The stock had a trading volume of 2,192,417 shares, compared to its average volume of 6,036,206. The firm has a market capitalization of $59.45 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $137.38 and a 1 year high of $182.22. The company’s 50 day moving average price is $176.98 and its 200-day moving average price is $169.62.

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).