Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Cary Street Partners Asset Management LLC

Cary Street Partners Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,273 shares of the company’s stock after acquiring an additional 715 shares during the period. Cary Street Partners Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $28,000. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Richardson Financial Services Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter. Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after buying an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $176.61 on Tuesday. The business has a 50 day simple moving average of $177.07 and a 200-day simple moving average of $169.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $139.03 and a 12 month high of $182.22. The stock has a market capitalization of $59.15 billion, a PE ratio of 20.44 and a beta of 0.90.

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).