Graham Capital Wealth Management LLC Buys Shares of 3,090 Invesco S&P 500 Equal Weight ETF $RSP

Graham Capital Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 3,090 shares of the company’s stock, valued at approximately $586,000.

Other large investors have also recently added to or reduced their stakes in the company. Drucker Wealth 3.0 LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares during the period. Fusion Capital LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after acquiring an additional 56 shares during the period. Burns J W & Co. Inc. NY boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third 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 in the last quarter. Melfa Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after acquiring an additional 57 shares in the last quarter. Finally, Associated Banc Corp increased its stake in shares of 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 acquiring an additional 65 shares during the period. 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 NYSEARCA:RSP opened at $203.57 on Thursday. The stock has a market cap of $84.42 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The stock’s 50 day moving average price is $197.23 and its 200 day moving average price is $191.35.

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.