Fairscale Capital LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fairscale Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 2,190 shares of the company’s stock, valued at approximately $376,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSP. Fairman Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $27,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Creekmur Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the last quarter. Central Bank & Trust Co. bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth $36,000. Finally, Silicon Valley Capital Partners purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $41,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Shares of NYSEARCA:RSP opened at $177.44 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $178.82. The stock has a market cap of $59.43 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s fifty day simple moving average is $171.16 and its two-hundred day simple moving average is $167.07.

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).