Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,194 shares of the company’s stock after purchasing an additional 11,879 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $9,351,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. Tran Capital Management L.P. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $434,000. Destination Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after purchasing an additional 96 shares in the last quarter. Courage Miller Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after purchasing an additional 273 shares during the last quarter. Roberts Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $470,000. Finally, Blair William & Co. IL lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock worth $34,755,000 after buying an additional 23,957 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.85 during trading hours on Friday, hitting $178.11. The company had a trading volume of 4,555,176 shares, compared to its average volume of 6,073,535. The company’s 50-day moving average is $176.36 and its two-hundred day moving average is $169.17. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The company has a market cap of $59.66 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).