Private Wealth Group LLC Has $8.76 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Private Wealth Group LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,887 shares of the company’s stock after selling 987 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 4.4% of Private Wealth Group LLC’s investment portfolio, making the stock its 5th biggest position. Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,759,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. DHJJ Financial Advisors Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Finally, Creekmur Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

RSP stock opened at $176.41 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $137.38 and a 12-month high of $182.22. The company has a market cap of $59.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50 day moving average of $177.03 and a two-hundred day moving average of $169.73.

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).