Kayne Anderson Rudnick Investment Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.4% in the second quarter, Holdings Channel reports. The fund owned 49,876 shares of the company’s stock after acquiring an additional 2,566 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Everett Harris & Co. CA increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock worth $795,000 after acquiring an additional 65 shares during the period. America First Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after acquiring an additional 66 shares during the last quarter. Opal Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after buying an additional 67 shares during the last quarter. SignalPoint Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the 1st quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock worth $293,000 after acquiring an additional 70 shares during the period. Finally, Acorn Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.5% in the first quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock valued at $2,471,000 after buying an additional 70 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $177.44 on Monday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $178.82. The firm has a market capitalization of $59.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50-day simple moving average of $171.16 and a two-hundred day simple moving average of $167.09.

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).