Black Diamond Financial LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF $RSP

Black Diamond Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 587.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,836 shares of the company’s stock after acquiring an additional 32,331 shares during the period. Black Diamond Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,178,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RSP. Fusion Capital LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after buying an additional 56 shares in the last quarter. Burns J W & Co. Inc. NY grew its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after acquiring an additional 57 shares during the period. Melfa Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock worth $659,000 after acquiring an additional 57 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after acquiring an additional 64 shares during the period. Finally, Associated Banc Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Associated Banc Corp now owns 3,844 shares of the company’s stock valued at $729,000 after purchasing an additional 65 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

Shares of NYSEARCA RSP opened at $200.30 on Thursday. The firm has a market cap of $83.06 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s 50-day simple moving average is $195.02 and its 200-day simple moving average is $190.18. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $200.95.

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). 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.