Invesco S&P 500 Equal Weight ETF $RSP Stake Boosted by Ndwm LLC

Ndwm LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 80,186 shares of the company’s stock after buying an additional 3,165 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 9.6% of Ndwm LLC’s portfolio, making the stock its 2nd biggest position. Ndwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,680,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Weaver Consulting Group raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after acquiring an additional 48 shares in the last quarter. Sage Capital Advisors llc raised its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after buying an additional 48 shares in the last quarter. Charis Legacy Partners LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after buying an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after purchasing an additional 50 shares during the last quarter. Finally, Tenon Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.0% in the third 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 in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $222.65 on Thursday. The firm has a market capitalization of $105.79 billion, a P/E ratio of 20.90 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20. The firm’s 50 day moving average is $214.92 and its two-hundred day moving average is $208.60.

Invesco S&P 500 Equal Weight ETF Company 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.