Southeast Asset Advisors LLC Has $29.87 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Southeast Asset Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 157,445 shares of the company’s stock after buying an additional 3,579 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 3.3% of Southeast Asset Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Southeast Asset Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,867,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RSP. Investment Counsel Co. of Nevada bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $32,000. IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $33,000. Cloud Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $35,000. Finally, GoalVest Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $34,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $202.87 on Monday. The company’s 50-day moving average is $196.54 and its 200-day moving average is $190.98. The stock has a market capitalization of $84.13 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24.

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.