Riversedge Advisors LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Riversedge Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,184 shares of the company’s stock after acquiring an additional 6,689 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 4.4% of Riversedge Advisors LLC’s portfolio, making the stock its 7th largest holding. Riversedge Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,024,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Bison Wealth LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 48.5% in the first quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock valued at $657,000 after buying an additional 1,239 shares in the last quarter. Finally, Hsbc Holdings PLC grew its position in Invesco S&P 500 Equal Weight ETF by 50.6% in the first quarter. Hsbc Holdings PLC now owns 381,107 shares of the company’s stock valued at $65,528,000 after acquiring an additional 127,987 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of NYSEARCA RSP opened at $192.18 on Friday. The company has a market cap of $74.34 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46. The stock has a 50-day moving average price of $189.20 and a two-hundred day moving average price of $186.42.

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).