Valmark Advisers Inc. Buys 2,640 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Valmark Advisers Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,027 shares of the company’s stock after acquiring an additional 2,640 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $11,553,000. Finally, Integrity Alliance LLC. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 85.4% during the first quarter. Integrity Alliance LLC. now owns 2,386 shares of the company’s stock worth $413,000 after purchasing an additional 1,099 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $197.60 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $198.07. The stock has a market capitalization of $77.97 billion, a PE ratio of 20.10 and a beta of 0.99. The business’s 50-day moving average is $190.82 and its 200 day moving average is $188.25.

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.