171,669 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Choreo LLC

Choreo LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 546,773 shares of the company’s stock after acquiring an additional 171,669 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.1% of Choreo LLC’s holdings, making the stock its 17th biggest holding. Choreo LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $113,740,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Venture Visionary Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares during the period. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $794,000. Corient Private Wealth LP raised its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after buying an additional 58,956 shares during the period. Echo45 Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.8% during the 2nd quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after buying an additional 2,346 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 16.9% during the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after buying an additional 76,324 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 1.2%

Shares of RSP opened at $220.04 on Friday. The company has a market cap of $101.00 billion, a PE ratio of 20.10 and a beta of 0.92. The business has a fifty day moving average of $215.09 and a 200 day moving average of $207.64. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.