Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Grove Bank & Trust

Grove Bank & Trust raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,473 shares of the company’s stock after purchasing an additional 72 shares during the period. Grove Bank & Trust’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,722,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Nova Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $30,000. OLD Second National Bank of Aurora acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $189.54 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $190.54. The stock has a market cap of $75.14 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The firm has a 50 day simple moving average of $186.28 and a 200-day simple moving average of $177.97.

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).