Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by ZRC Wealth Management LLC

ZRC Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 23,009 shares of the company’s stock after buying an additional 1,393 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.8% of ZRC Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. ZRC Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fairman Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $27,000. DHJJ Financial Advisors Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its holdings 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 worth $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $36,000. Finally, Goodman Advisory Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $39,000.

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

RSP traded up $1.39 on Friday, reaching $178.57. The stock had a trading volume of 5,401,269 shares, compared to its average volume of 6,232,511. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $179.94. The business’s 50-day moving average price is $172.93 and its two-hundred day moving average price is $167.95. The company has a market cap of $59.81 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).