Brown Brothers Harriman & Co. Acquires 483 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Brown Brothers Harriman & Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,743 shares of the company’s stock after acquiring an additional 483 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Richardson Financial Services Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the period. Finally, Creekmur Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $187.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.09 and a fifty-two week high of $187.99. The company has a market capitalization of $62.70 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average price is $179.88 and its two-hundred day moving average price is $172.15.

Invesco S&P 500 Equal Weight ETF 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).