8,441 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Milestone Asset Management LLC

Milestone Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 734.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,591 shares of the company’s stock after purchasing an additional 8,441 shares during the period. Milestone Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,995,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Highland Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $29,000. Brandywine Financial Group grew its holdings in Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares in the last quarter. Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $34,000. Finally, Asset Dedication LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $36,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $215.00 on Friday. The stock has a market capitalization of $98.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The business’s 50 day simple moving average is $215.93 and its 200-day simple moving average is $210.35.

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.