8,059 Shares of Invesco S&P 500 Equal Weight ETF $RSP Bought by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, HoldingsChannel.com reports. The fund bought 8,059 shares of the company’s stock, valued at approximately $1,676,000.

A number of other institutional investors also recently modified their holdings of the stock. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $26,000. Brandywine Financial Group grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Rogco LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. Finally, Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $36,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

RSP stock traded down $0.91 during trading on Friday, hitting $214.09. The company had a trading volume of 10,003,003 shares, compared to its average volume of 11,983,996. The firm has a 50-day moving average price of $215.81 and a 200-day moving average price of $210.38. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The stock has a market cap of $98.92 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.