Founders Capital Management Acquires 352 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Founders Capital Management increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,895 shares of the company’s stock after buying an additional 352 shares during the period. Founders Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares during the period. Citigroup Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 1,338,431 shares of the company’s stock worth $239,793,000 after purchasing an additional 4,661 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.37 during trading on Monday, hitting $173.62. The company had a trading volume of 5,281,162 shares, compared to its average volume of 7,242,179. The stock’s 50-day moving average price is $180.89 and its 200 day moving average price is $175.64. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16. The firm has a market capitalization of $58.15 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).