Cary Street Partners Asset Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cary Street Partners Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,273 shares of the company’s stock after buying an additional 715 shares during the quarter. Cary Street Partners Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,841,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Destination Wealth Management raised 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 acquiring an additional 96 shares in the last quarter. Courage Miller Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after purchasing an additional 273 shares during the last quarter. Blair William & Co. IL grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the first quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock worth $34,755,000 after purchasing an additional 23,957 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after buying an additional 6,001 shares during the last quarter. Finally, Brightwater Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $3,227,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $176.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $139.03 and a 1 year high of $182.22. The stock has a market cap of $59.15 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50-day simple moving average of $177.07 and a 200-day simple moving average of $169.99.

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).