Lodestar Private Asset Management LLC Buys 122 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lodestar Private Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,561 shares of the company’s stock after acquiring an additional 122 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Norden Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $1,421,000. Everett Harris & Co. CA lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after acquiring an additional 65 shares during the last quarter. Edge Financial Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth about $209,000. Diversify Advisory Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth about $3,344,000. Finally, Grant Street Asset Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Grant Street Asset Management Inc. now owns 33,017 shares of the company’s stock worth $5,592,000 after purchasing an additional 465 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of RSP opened at $178.19 on Thursday. The company has a market cap of $59.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $134.50 and a twelve month high of $182.22. The company has a 50 day moving average of $176.90 and a two-hundred day moving average of $169.57.

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).