Oarsman Capital Inc. Has $37.92 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Oarsman Capital Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 199,917 shares of the company’s stock after acquiring an additional 14,839 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 5.3% of Oarsman Capital Inc.’s holdings, making the stock its 5th biggest position. Oarsman Capital Inc. owned approximately 0.05% of Invesco S&P 500 Equal Weight ETF worth $37,924,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.0% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after buying an additional 137,493 shares during the last quarter. CMG Global Holdings LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock valued at $6,741,000 after acquiring an additional 4,262 shares during the period. Sowell Financial Services LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the last quarter. Argent Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after purchasing an additional 3,135 shares during the last quarter. Finally, Roman Butler Fullerton & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after purchasing an additional 4,358 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6%

NYSEARCA RSP opened at $196.05 on Wednesday. The company has a 50-day moving average price of $199.85 and a 200-day moving average price of $193.29. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The firm has a market capitalization of $81.30 billion, a P/E ratio of 20.10 and a beta of 0.99.

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). 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.