Creative Financial Designs Inc. ADV Has $3.26 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Creative Financial Designs Inc. ADV grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.2% in the 2nd quarter, Holdings Channel reports. The fund owned 17,948 shares of the company’s stock after buying an additional 2,365 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,262,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares during the period. Golden State Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.2% in the first quarter. Golden State Wealth Management LLC now owns 3,280 shares of the company’s stock valued at $568,000 after buying an additional 660 shares during the period. Finally, Vontobel Holding Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 55.8% in the first quarter. Vontobel Holding Ltd. now owns 29,851 shares of the company’s stock valued at $5,171,000 after buying an additional 10,697 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $187.52 on Friday. The business has a 50 day moving average of $188.93 and a 200-day moving average of $182.06. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33. The company has a market capitalization of $72.45 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).