Smith Thornton Advisors LLC Invests $401,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Smith Thornton Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,441 shares of the company’s stock, valued at approximately $401,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. VitalStone Financial LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $303,000. Optimum Investment Advisors lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 95.5% in the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock valued at $368,000 after buying an additional 1,060 shares during the last quarter. Tran Capital Management L.P. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $434,000. Commerce Bank increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the 4th quarter. Commerce Bank now owns 2,387 shares of the company’s stock worth $377,000 after acquiring an additional 483 shares during the last quarter. Finally, Ratio Wealth Group raised its stake in Invesco S&P 500 Equal Weight ETF by 157.8% in the 4th quarter. Ratio Wealth Group now owns 69,871 shares of the company’s stock valued at $11,026,000 after acquiring an additional 42,771 shares during the period.

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

Shares of NYSEARCA RSP opened at $178.29 on Friday. The business’s 50 day moving average is $171.76 and its 200-day moving average is $167.40. The firm has a market cap of $59.72 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $178.82.

Invesco S&P 500 Equal Weight ETF 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).