Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Raised by E&G Advisors LP

E&G Advisors LP raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,714 shares of the company’s stock after purchasing an additional 8,294 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.0% of E&G Advisors LP’s portfolio, making the stock its 8th biggest position. E&G Advisors LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.3% in the third quarter. FMR LLC now owns 58,513 shares of the company’s stock worth $8,291,000 after buying an additional 6,874 shares during the period. Natixis Advisors L.P. grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Natixis Advisors L.P. now owns 12,881 shares of the company’s stock worth $1,825,000 after purchasing an additional 194 shares in the last quarter. Toronto Dominion Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $130,000. Rehmann Capital Advisory Group bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $228,000. Finally, First National Bank of Omaha grew its stake in Invesco S&P 500 Equal Weight ETF by 18.2% in the third quarter. First National Bank of Omaha now owns 5,300 shares of the company’s stock worth $751,000 after purchasing an additional 815 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0 %

NYSEARCA:RSP traded up $0.07 during midday trading on Wednesday, hitting $163.75. The stock had a trading volume of 2,743,812 shares, compared to its average volume of 6,023,526. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The company has a market capitalization of $54.85 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average of $164.77 and a 200 day moving average of $162.18.

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).