5,298 Shares of Invesco S&P 500 Equal Weight ETF $RSP Bought by Segment Wealth Management LLC

Segment Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,298 shares of the company’s stock, valued at approximately $1,102,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Venture Visionary Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after buying an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $794,000. Corient Private Wealth LP raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after buying an additional 58,956 shares during the last quarter. Echo45 Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the 2nd quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock worth $18,607,000 after buying an additional 2,346 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 16.9% in the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after buying an additional 76,324 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

Invesco S&P 500 Equal Weight ETF stock opened at $217.52 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The firm’s 50-day simple moving average is $215.18 and its 200 day simple moving average is $207.43. The firm has a market capitalization of $99.79 billion, a PE ratio of 20.10 and a beta of 0.92.

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). 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.