ZWJ Investment Counsel Inc. Acquires New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

ZWJ Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 52,356 shares of the company’s stock, valued at approximately $10,891,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Venture Visionary Partners LLC raised 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 buying an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $794,000. NewEdge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% in the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after acquiring an additional 76,324 shares during the period. Marino Stram & Associates LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.0% in the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock valued at $5,754,000 after acquiring an additional 2,465 shares in the last quarter. Finally, Corient Private Wealth LP boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after acquiring an additional 58,956 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $212.09 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market capitalization of $97.35 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a 50 day simple moving average of $216.01 and a 200-day simple moving average of $210.16.

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.