Encompass More Asset Management Purchases Shares of 2,954 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Encompass More Asset Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,954 shares of the company’s stock, valued at approximately $529,000.

Other institutional investors have also recently made changes to their positions in the company. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Richardson Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third 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 period. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $29,000. Finally, DHJJ Financial Advisors Ltd. lifted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

Shares of RSP stock opened at $187.62 on Friday. The stock has a fifty day moving average of $180.69 and a 200 day moving average of $172.66. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.87 and a 52 week high of $188.16. The firm has a market capitalization of $62.84 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).