Invesco S&P 500 Equal Weight ETF $RSP Holdings Lifted by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 266,045 shares of the company’s stock after purchasing an additional 4,061 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 8.5% of Rainey & Randall Wealth Advisors Inc.’s investment portfolio, making the stock its 4th largest holding. Rainey & Randall Wealth Advisors Inc. owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $55,343,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Venture Visionary Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after acquiring an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $794,000. Corient Private Wealth LP raised its position in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after purchasing an additional 58,956 shares in the last quarter. Echo45 Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.8% during the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after purchasing an additional 2,346 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after purchasing an additional 76,324 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $217.29 on Tuesday. The business has a fifty day moving average price of $215.35 and a two-hundred day moving average price of $207.21. The stock has a market capitalization of $99.69 billion, a PE ratio of 20.10 and a beta of 0.92. 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.

About Invesco S&P 500 Equal Weight ETF

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.