Invesco S&P 500 Equal Weight ETF $RSP Stake Raised by SteelPeak Wealth LLC

SteelPeak Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,400 shares of the company’s stock after purchasing an additional 2,688 shares during the period. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,828,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in RSP. Trust Co of Tennessee grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% in the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after buying an additional 12,435 shares during the period. CRA Financial Services LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the 3rd quarter. CRA Financial Services LLC now owns 30,774 shares of the company’s stock valued at $6,402,000 after acquiring an additional 1,306 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 234,833 shares of the company’s stock valued at $48,850,000 after acquiring an additional 2,914 shares during the last quarter. Fiscal Wisdom Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the 3rd quarter. Fiscal Wisdom Wealth Management LLC now owns 4,259 shares of the company’s stock valued at $886,000 after acquiring an additional 243 shares during the last quarter. Finally, Birch Hill Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $7,589,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $214.09 on Friday. The firm has a market cap of $98.92 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The firm’s 50-day simple moving average is $215.81 and its 200-day simple moving average is $210.38.

Invesco S&P 500 Equal Weight ETF Company 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). 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.