Integrated Advisors Network LLC Purchases 27,282 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Integrated Advisors Network LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 42.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 91,642 shares of the company’s stock after purchasing an additional 27,282 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.7% of Integrated Advisors Network LLC’s portfolio, making the stock its 24th largest position. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,384,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RSP. Investment Counsel Co. of Nevada bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $32,000. IMA Advisory Services Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $33,000. Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $35,000. Finally, Copia Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 335.8% in the 3rd quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 178 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $204.73 on Friday. The stock’s 50-day moving average is $198.48 and its 200 day moving average is $192.14. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The firm has a market cap of $84.90 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.