Intellus Advisors LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Intellus Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,097 shares of the company’s stock, valued at approximately $2,295,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock valued at $2,957,000 after acquiring an additional 197 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $577,000. Commerce Bank increased its stake in Invesco S&P 500 Equal Weight ETF by 85.9% in the third quarter. Commerce Bank now owns 6,243 shares of the company’s stock valued at $1,118,000 after purchasing an additional 2,885 shares in the last quarter. Moors & Cabot Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 83.4% during the third quarter. Moors & Cabot Inc. now owns 6,319 shares of the company’s stock valued at $1,132,000 after purchasing an additional 2,874 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 60.0% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 3,465 shares of the company’s stock worth $621,000 after purchasing an additional 1,299 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $173.84 on Friday. The business has a 50-day simple moving average of $178.66 and a 200 day simple moving average of $179.03. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The firm has a market capitalization of $72.42 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).