Beese Fulmer Investment Management Inc. Takes $213,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Beese Fulmer Investment Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,188 shares of the company’s stock, valued at approximately $213,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $28,000. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $27,000. DHJJ Financial Advisors Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the last quarter. Finally, Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $36,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $178.96 on Friday. The stock has a 50 day moving average price of $176.18 and a 200 day moving average price of $169.10. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $182.22. The firm has a market capitalization of $59.94 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).