Invesco S&P 500 Equal Weight ETF $RSP Stock Bought by LCW Services LLC

LCW Services LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,392 shares of the company’s stock after buying an additional 3,303 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 4.1% of LCW Services LLC’s portfolio, making the stock its 6th largest position. LCW Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,858,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Weaver Consulting Group grew its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after acquiring an additional 48 shares during the last quarter. Sage Capital Advisors llc raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after acquiring an additional 48 shares in the last quarter. Charis Legacy Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after acquiring an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after acquiring an additional 50 shares in the last quarter. Finally, Tenon Financial LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock worth $1,079,000 after acquiring an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $216.64 on Thursday. The firm has a market cap of $100.12 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The firm has a 50 day moving average price of $215.49 and a 200-day moving average price of $211.02.

About Invesco S&P 500 Equal Weight ETF

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.