Clifford Swan Investment Counsel LLC Purchases 453 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Clifford Swan Investment Counsel LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,970 shares of the company’s stock after acquiring an additional 453 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $721,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $26,000. Richardson Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $30,000. Howe & Rusling Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. Finally, Olde Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $37,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA:RSP opened at $190.74 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The business’s 50-day moving average price is $188.55 and its two-hundred day moving average price is $180.86. The firm has a market capitalization of $73.49 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

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).