Hennion & Walsh Asset Management Inc. Purchases 1,570 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hennion & Walsh Asset Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 94,515 shares of the company’s stock after acquiring an additional 1,570 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.8% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 13th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,933,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tran Capital Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $434,000. Destination Wealth Management grew its holdings 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 worth $328,000 after acquiring an additional 96 shares during the period. Courage Miller Partners LLC grew its holdings in 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 acquiring an additional 273 shares during the period. Brookstone Capital Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 13.5% during the 1st quarter. Brookstone Capital Management now owns 40,069 shares of the company’s stock worth $6,786,000 after acquiring an additional 4,772 shares during the period. Finally, Roberts Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $470,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.92 on Thursday. The business has a 50-day moving average price of $176.18 and a two-hundred day moving average price of $169.10. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $182.22. The company has a market cap of $59.93 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).