Arlington Trust Co LLC Acquires 54,837 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Arlington Trust Co LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 146.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,337 shares of the company’s stock after purchasing an additional 54,837 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.3% of Arlington Trust Co LLC’s portfolio, making the stock its 6th biggest position. Arlington Trust Co LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,781,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Atlas Brown Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 24.1% during the second quarter. Atlas Brown Inc. now owns 3,046 shares of the company’s stock worth $554,000 after purchasing an additional 592 shares during the period. Granite Bay Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 10.0% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 147,062 shares of the company’s stock valued at $26,727,000 after buying an additional 13,396 shares during the last quarter. Paladin Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 7.9% in the 2nd quarter. Paladin Wealth LLC now owns 4,338 shares of the company’s stock valued at $788,000 after buying an additional 316 shares during the last quarter. RMR Wealth Builders acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $227,000. Finally, Gradient Investments LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.3% in the 2nd quarter. Gradient Investments LLC now owns 162,176 shares of the company’s stock valued at $29,474,000 after buying an additional 3,721 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $188.96 on Monday. The business’s 50 day simple moving average is $185.95 and its 200 day simple moving average is $177.69. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $190.54. The firm has a market cap of $74.91 billion, a PE ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF 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).