Financial Services Advisory Inc Has $12.79 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Services Advisory Inc increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% during the third quarter, Holdings Channel reports. The institutional investor owned 71,374 shares of the company’s stock after purchasing an additional 596 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.1% of Financial Services Advisory Inc’s holdings, making the stock its 12th biggest position. Financial Services Advisory Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,787,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. CPA Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after acquiring an additional 62 shares in the last quarter. Inlet Private Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the period. Delta Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after buying an additional 65 shares in the last quarter. America First Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after buying an additional 66 shares during the period. Finally, Opal Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after buying an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $182.92 on Thursday. The business’s fifty day moving average price is $177.34 and its two-hundred day moving average price is $170.22. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $139.03 and a fifty-two week high of $183.38. The stock has a market capitalization of $61.27 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).