Pacific Point Advisors LLC Buys Shares of 1,180 Invesco S&P 500 Equal Weight ETF $RSP

Pacific Point Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,180 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Nova Wealth Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $26,000. Richardson Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $31,000. Finally, Howe & Rusling Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 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 Up 0.3%

RSP stock opened at $189.70 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $190.54. The company has a fifty day simple moving average of $187.02 and a two-hundred day simple moving average of $178.83. The firm has a market capitalization of $75.20 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).