Greenwich Wealth Management LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Greenwich Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,027 shares of the company’s stock after buying an additional 225 shares during the period. Greenwich Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Destination Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 5.1% in the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after acquiring an additional 96 shares during the last quarter. Courage Miller Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after buying an additional 273 shares during the last quarter. Blair William & Co. IL raised its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after buying an additional 23,957 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after buying an additional 6,001 shares in the last quarter. Finally, Brightwater Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $3,227,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded up $0.11 during trading on Friday, reaching $176.40. The stock had a trading volume of 4,247,007 shares, compared to its average volume of 6,046,174. The business has a 50-day moving average of $177.03 and a 200-day moving average of $169.73. Invesco S&P 500 Equal Weight ETF has a one year low of $137.38 and a one year high of $182.22. The stock has a market cap of $59.08 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).