Invesco S&P 500 Equal Weight ETF $RSP Position Boosted by Granville Capital Inc.

Granville Capital Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,623 shares of the company’s stock after buying an additional 3,677 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.7% of Granville Capital Inc.’s holdings, making the stock its 7th biggest position. Granville Capital Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,987,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Venture Visionary Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after acquiring an additional 5,887 shares during the period. Corient Private Wealth LP lifted its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after purchasing an additional 58,956 shares in the last quarter. Rhodes Investment Advisors Inc. ADV purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $794,000. Echo45 Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after purchasing an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $2,939,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

RSP stock opened at $222.65 on Thursday. The stock has a market capitalization of $105.79 billion, a P/E ratio of 20.90 and a beta of 0.92. The firm has a 50-day simple moving average of $214.92 and a 200-day simple moving average of $208.60. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20.

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.