GHP Investment Advisors Inc. Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GHP Investment Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 79.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 163 shares of the company’s stock after buying an additional 72 shares during the period. GHP Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of RSP. Woodmont Investment Counsel LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $178,000. Carret Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 22.2% in the first quarter. Carret Asset Management LLC now owns 9,355 shares of the company’s stock worth $1,585,000 after acquiring an additional 1,700 shares in the last quarter. E&G Advisors LP increased its position in shares of Invesco S&P 500 Equal Weight ETF by 29.2% during the first quarter. E&G Advisors LP now owns 36,714 shares of the company’s stock worth $6,218,000 after acquiring an additional 8,294 shares during the period. OMNI 360 Wealth Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $823,000. Finally, TCP Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $207,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $179.12 on Tuesday. The business’s 50-day moving average is $176.64 and its two-hundred day moving average is $169.39. The firm has a market capitalization of $59.99 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 $133.54 and a 1 year high of $182.22.

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).