Invesco S&P 500 Equal Weight ETF $RSP Stake Lifted by FSA Wealth Partners Inc.

FSA Wealth Partners Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,460 shares of the company’s stock after acquiring an additional 8,737 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 5.5% of FSA Wealth Partners Inc.’s investment portfolio, making the stock its 5th largest position. FSA Wealth Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,274,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of RSP. Weaver Consulting Group grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after purchasing an additional 48 shares during the period. Sage Capital Advisors llc increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after purchasing an additional 48 shares in the last quarter. Charis Legacy Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after purchasing an additional 49 shares during the period. Canvas Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after purchasing an additional 50 shares during the period. Finally, Tenon Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after purchasing an additional 50 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $217.29 on Tuesday. The company has a market capitalization of $99.69 billion, a PE ratio of 20.10 and a beta of 0.92. The company’s fifty day moving average price is $215.35 and its 200 day moving average price is $207.21. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43.

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.