Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,025 shares of the company’s stock after purchasing an additional 3,813 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,793,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dorato Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000. Hurley Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $40,000. Finally, Raleigh Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $42,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.80 on Friday, hitting $214.30. 5,539,473 shares of the stock traded hands, compared to its average volume of 14,463,745. The firm’s 50-day moving average price is $208.58 and its two-hundred day moving average price is $201.64. The stock has a market capitalization of $95.63 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37.

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.