Hilltop Holdings Inc. Purchases 1,057 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hilltop Holdings Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,939 shares of the company’s stock after buying an additional 1,057 shares during the period. Hilltop Holdings Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,572,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in RSP. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. GHP Investment Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $29,000. Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $33,000.

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

Shares of NYSEARCA:RSP opened at $187.15 on Tuesday. The company has a market cap of $62.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $148.94 and a 12 month high of $188.16. The company has a 50-day moving average price of $180.88 and a 200 day moving average price of $172.87.

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).