Commonwealth Equity Services LLC Acquires 4,293 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Commonwealth Equity Services LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,235,760 shares of the company’s stock after purchasing an additional 4,293 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $221,399,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Tran Capital Management L.P. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $434,000. Destination Wealth Management grew its stake in shares of 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 acquiring an additional 96 shares during the period. Courage Miller Partners LLC grew its stake in shares of 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 worth $7,704,000 after acquiring an additional 273 shares during the period. Brookstone Capital Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.5% during the first quarter. Brookstone Capital Management now owns 40,069 shares of the company’s stock valued at $6,786,000 after purchasing an additional 4,772 shares during the last quarter. Finally, Roberts Wealth Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $470,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

NYSEARCA:RSP traded up $0.54 during trading hours on Friday, reaching $181.87. The company had a trading volume of 3,275,690 shares, compared to its average volume of 6,118,366. The firm’s 50 day moving average price is $175.44 and its 200-day moving average price is $168.81. The firm has a market cap of $60.92 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week 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).