Invesco S&P 500 Equal Weight ETF $RSP Stock Position Raised by Heritage Wealth Management Inc.

Heritage Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,413 shares of the company’s stock after purchasing an additional 3,966 shares during the period. Heritage Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Raleigh Capital Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 79.8% during the 3rd quarter. Raleigh Capital Management Inc. now owns 1,253 shares of the company’s stock worth $261,000 after acquiring an additional 556 shares during the last quarter. Glenview Trust Co increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.8% during the 3rd quarter. Glenview Trust Co now owns 4,242 shares of the company’s stock valued at $882,000 after purchasing an additional 157 shares in the last quarter. Partners Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $508,000. Founders Financial Securities LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $4,736,000. Finally, Everett Harris & Co. CA raised its position in Invesco S&P 500 Equal Weight ETF by 7.5% in the 3rd quarter. Everett Harris & Co. CA now owns 6,754 shares of the company’s stock valued at $1,405,000 after purchasing an additional 471 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $218.31 on Friday. The firm has a market cap of $100.21 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s fifty day moving average is $215.05 and its two-hundred day moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 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.