Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Holdings Increased by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,324,876 shares of the company’s stock after acquiring an additional 29,620 shares during the period. HighTower Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $237,365,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Destination Wealth Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd 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 boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares in the last quarter. Riversedge Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares during the period. Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after purchasing an additional 6,001 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $187.15 on Tuesday. The stock has a market capitalization of $62.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $148.94 and a 1-year high of $188.16. The company has a 50 day moving average price of $180.88 and a 200 day moving average price of $172.87.

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).