LJI Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,093 shares of the company’s stock after acquiring an additional 107 shares during the period. LJI Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in RSP. CPA Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the period. Inlet Private Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares during the period. Delta Investment Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after acquiring an additional 65 shares during the last quarter. America First Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after acquiring an additional 66 shares during the period. Finally, Opal Wealth Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
Invesco S&P 500 Equal Weight ETF stock traded down $1.30 during midday trading on Friday, hitting $180.94. 5,450,463 shares of the company’s stock were exchanged, compared to its average volume of 6,097,776. The stock has a market cap of $60.60 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $144.35 and a 12-month high of $185.79. The firm’s 50 day simple moving average is $178.67 and its 200 day simple moving average is $171.18.
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).
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