Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Southeast Asset Advisors LLC

Southeast Asset Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the third quarter, HoldingsChannel.com reports. The firm owned 157,445 shares of the company’s stock after buying an additional 3,579 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.3% of Southeast Asset Advisors LLC’s holdings, making the stock its 5th largest position. Southeast Asset Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,867,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Ballast Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Ballast Inc. now owns 91,721 shares of the company’s stock worth $17,399,000 after acquiring an additional 3,118 shares in the last quarter. Atticus Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 73.8% during the 3rd quarter. Atticus Wealth Management LLC now owns 7,891 shares of the company’s stock valued at $1,497,000 after purchasing an additional 3,351 shares during the last quarter. Pallas Capital Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.9% during the 3rd quarter. Pallas Capital Advisors LLC now owns 48,465 shares of the company’s stock valued at $9,194,000 after purchasing an additional 883 shares during the last quarter. Rialto Wealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 7,604.5% during the 3rd quarter. Rialto Wealth Management LLC now owns 1,695 shares of the company’s stock worth $322,000 after purchasing an additional 1,673 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.9% in the third quarter. PNC Financial Services Group Inc. now owns 481,117 shares of the company’s stock worth $91,268,000 after purchasing an additional 8,985 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0%

RSP stock opened at $202.87 on Monday. The firm has a market capitalization of $84.13 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The stock’s 50 day moving average is $196.54 and its 200-day moving average is $190.98.

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.