Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Davidson Kahn Capital Management LLC

Davidson Kahn Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,565 shares of the company’s stock after buying an additional 7,501 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.4% of Davidson Kahn Capital Management LLC’s portfolio, making the stock its 2nd largest position. Davidson Kahn Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,107,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $32,000. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $34,000. Howe & Rusling Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.9% in the second quarter. Howe & Rusling Inc. now owns 287 shares of the company’s stock worth $52,000 after acquiring an additional 98 shares during the period. Finally, Hanson & Doremus Investment Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 30.5% in the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after acquiring an additional 72 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $198.77 on Friday. The firm has a market cap of $82.37 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $200.78. The firm has a 50 day moving average price of $192.97 and a two-hundred day moving average price of $189.31.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.