Invesco S&P 500 Equal Weight ETF $RSP Stock: Lido Advisors LLC Grows Position

Lido Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 156,947 shares of the company’s stock after purchasing an additional 18,110 shares during the quarter. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $32,648,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Venture Visionary Partners LLC raised 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 acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $794,000. Corient Private Wealth LP lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after purchasing an additional 58,956 shares in the last quarter. Echo45 Advisors LLC grew its holdings in shares of 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 worth $18,607,000 after purchasing an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $2,939,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $220.88 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $224.20. The company’s 50 day moving average price is $214.82 and its 200 day moving average price is $208.48. The firm has a market capitalization of $103.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.