Steigerwald Gordon & Koch Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Steigerwald Gordon & Koch Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 1,200 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors have also modified their holdings of the business. Optimum Investment Advisors grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 95.5% during the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock valued at $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $434,000. Regal Wealth Group Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 653.6% during the 4th quarter. Regal Wealth Group Inc. now owns 19,540 shares of the company’s stock worth $3,034,000 after buying an additional 16,947 shares during the last quarter. Destination Wealth Management increased its position in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after buying an additional 96 shares during the period. Finally, Courage Miller Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.39 during trading on Thursday, hitting $178.43. 1,137,234 shares of the stock were exchanged, compared to its average volume of 6,171,953. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $179.94. The stock’s fifty day moving average is $173.35 and its 200 day moving average is $168.20. The stock has a market cap of $59.76 billion, a PE 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).