Lido Advisors LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Lido Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,049 shares of the company’s stock after acquiring an additional 6,794 shares during the period. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of RSP. GRIMES & Co WEALTH MANAGEMENT LLC increased its position in Invesco S&P 500 Equal Weight ETF by 107.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after buying an additional 137,493 shares in the last quarter. CMG Global Holdings LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after acquiring an additional 4,262 shares during the last quarter. Sowell Financial Services LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after acquiring an additional 3,829 shares in the last quarter. Argent Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after acquiring an additional 3,135 shares in the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% during the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after acquiring an additional 4,358 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7%

Invesco S&P 500 Equal Weight ETF stock opened at $194.96 on Tuesday. The stock has a 50-day moving average price of $199.87 and a 200 day moving average price of $193.24. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The stock has a market cap of $80.85 billion, a PE ratio of 20.10 and a beta of 0.99.

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.