Shepherd Financial Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 188,400 shares of the company’s stock after purchasing an additional 321 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 4.1% of Shepherd Financial Partners LLC’s holdings, making the stock its 6th largest holding. Shepherd Financial Partners LLC owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $33,754,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. CPA Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the period. Inlet Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Delta Investment Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares in the last quarter. America First Investment Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares in the last quarter. Finally, Opal Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock traded up $1.21 during trading on Friday, reaching $177.50. 2,192,417 shares of the company traded hands, compared to its average volume of 6,036,206. The company has a market capitalization of $59.45 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business has a 50 day simple moving average of $176.98 and a 200 day simple moving average of $169.62. Invesco S&P 500 Equal Weight ETF has a 12 month low of $137.38 and a 12 month high of $182.22.
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).
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