Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 719,108 shares of the company’s stock after purchasing an additional 68,079 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 2.8% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Valeo Financial Advisors LLC owned 0.18% of Invesco S&P 500 Equal Weight ETF worth $130,691,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. Nova Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Investment Counsel Co. of Nevada bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $29,000. Howe & Rusling Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $34,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $193.41 on Monday. The stock has a market cap of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company has a 50 day simple moving average of $189.04 and a 200 day simple moving average of $186.11. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.47.

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).