D.B. Root & Company LLC Increases Stake in Invesco S&P 500 Equal Weight ETF $RSP

D.B. Root & Company LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,834 shares of the company’s stock after acquiring an additional 1,222 shares during the period. D.B. Root & Company LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,060,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Strategic Family Wealth Counselors L.L.C. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after acquiring an additional 1,320 shares during the period. GAMMA Investing LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.9% during the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after acquiring an additional 492 shares during the period. Rhumbline Advisers raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock worth $2,639,000 after acquiring an additional 873 shares during the period. Biltmore Family Office LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after acquiring an additional 11,477 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 171.1% during the 1st quarter. Blue Trust Inc. now owns 431 shares of the company’s stock worth $75,000 after acquiring an additional 272 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

NYSEARCA RSP opened at $191.25 on Monday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The business’s fifty day simple moving average is $187.22 and its 200-day simple moving average is $179.19. The firm has a market cap of $75.17 billion, a PE ratio of 20.10 and a beta of 1.05.

About Invesco S&P 500 Equal Weight ETF

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).