Sterling Manor Financial LLC Purchases Shares of 67,229 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sterling Manor Financial LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 67,229 shares of the company’s stock, valued at approximately $12,045,000. Invesco S&P 500 Equal Weight ETF makes up approximately 8.2% of Sterling Manor Financial LLC’s holdings, making the stock its 5th largest holding.

A number of other hedge funds also recently made changes to their positions in the business. Fairman Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $27,000. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. grew its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.99 during trading on Monday, hitting $179.10. 1,284,012 shares of the company were exchanged, compared to its average volume of 6,050,520. The firm has a market capitalization of $59.99 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average price is $176.50 and its 200 day moving average price is $169.29. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.54 and a 1-year high of $182.22.

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).