Atwood & Palmer Inc. Acquires 2,860 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Atwood & Palmer Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,781 shares of the company’s stock after purchasing an additional 2,860 shares during the quarter. Atwood & Palmer Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,819,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. YHB Investment Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $778,000. Apella Capital LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 37.3% during the 3rd quarter. Apella Capital LLC now owns 3,176 shares of the company’s stock valued at $669,000 after buying an additional 863 shares during the period. Avidian Wealth Enterprises LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $1,881,000. Plan A Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 33.1% during the 3rd quarter. Plan A Wealth LLC now owns 3,668 shares of the company’s stock valued at $763,000 after acquiring an additional 912 shares in the last quarter. Finally, Ayalon Insurance Comp Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 192.5% in the third quarter. Ayalon Insurance Comp Ltd. now owns 278,400 shares of the company’s stock worth $57,913,000 after acquiring an additional 183,222 shares during 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 Performance

Shares of NYSEARCA:RSP traded up $1.27 during midday trading on Thursday, hitting $211.87. 12,410,387 shares of the stock were exchanged, compared to its average volume of 12,096,589. The company has a market capitalization of $96.42 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The business’s fifty day simple moving average is $216.42 and its two-hundred day simple moving average is $209.57.

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.