Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,397 shares of the company’s stock after acquiring an additional 12,964 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $37,527,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Sapient Capital LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the 3rd quarter. Sapient Capital LLC now owns 276,775 shares of the company’s stock valued at $57,575,000 after purchasing an additional 13,375 shares during the period. CoreCap Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 23.7% during the 3rd quarter. CoreCap Advisors LLC now owns 575,518 shares of the company’s stock worth $119,719,000 after buying an additional 110,257 shares during the period. Atwood & Palmer Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 9.6% during the 3rd quarter. Atwood & Palmer Inc. now owns 32,781 shares of the company’s stock worth $6,819,000 after buying an additional 2,860 shares during the period. YHB Investment Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $778,000. Finally, Apella Capital LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 37.3% during the third quarter. Apella Capital LLC now owns 3,176 shares of the company’s stock valued at $669,000 after buying an additional 863 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

Shares of RSP traded up $1.27 during midday trading on Thursday, hitting $211.87. The stock had a trading volume of 12,410,387 shares, compared to its average volume of 12,096,589. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The business has a 50-day simple moving average of $216.49 and a two-hundred day simple moving average of $209.42. The firm has a market cap of $96.42 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.