4,006 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Worth Asset Management LLC

Worth Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,857 shares of the company’s stock after buying an additional 4,006 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 0.8% of Worth Asset Management LLC’s holdings, making the stock its 23rd largest position. Worth Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,675,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. First Community Trust NA increased its holdings in Invesco S&P 500 Equal Weight ETF by 1,925.5% in the 3rd quarter. First Community Trust NA now owns 2,228 shares of the company’s stock worth $463,000 after acquiring an additional 2,118 shares during the last quarter. Weaver Consulting Group boosted its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the third 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. Juncture Wealth Strategies LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1.8% during the third quarter. Juncture Wealth Strategies LLC now owns 71,026 shares of the company’s stock worth $14,775,000 after purchasing an additional 1,228 shares during the period. Legacy Private Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $1,426,000. Finally, Central Pacific Bank Trust Division raised its position in shares of Invesco S&P 500 Equal Weight ETF by 32.4% in the third quarter. Central Pacific Bank Trust Division now owns 27,795 shares of the company’s stock valued at $5,782,000 after purchasing an additional 6,795 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6%

RSP traded down $1.21 on Wednesday, hitting $211.12. The company’s stock had a trading volume of 4,264,055 shares, compared to its average volume of 12,077,889. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The firm has a market cap of $96.08 billion, a P/E ratio of 20.10 and a beta of 0.92. The company’s 50 day simple moving average is $216.59 and its 200-day simple moving average is $209.30.

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.