Pacific Point Advisors LLC Purchases Shares of 1,180 Invesco S&P 500 Equal Weight ETF $RSP

Pacific Point Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 1,180 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $30,000. OLD Second National Bank of Aurora purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $31,000. Finally, Howe & Rusling Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $189.70 on Wednesday. The stock has a market cap of $75.20 billion, a PE ratio of 20.10 and a beta of 1.05. The stock has a 50-day moving average of $187.02 and a two-hundred day moving average of $178.83. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $190.54.

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).