Focus Partners Advisor Solutions LLC Raises Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Focus Partners Advisor Solutions LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,576 shares of the company’s stock after acquiring an additional 4,335 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,193,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $26,000. Aviso Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. Investment Counsel Co. of Nevada purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $29,000. Tompkins Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $32,000. Finally, IMA Advisory Services Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $33,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $204.59 on Tuesday. The stock has a 50-day moving average of $198.95 and a two-hundred day moving average of $192.51. The stock has a market cap of $84.84 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24.

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.