Bradley Foster & Sargent Inc. CT Buys 4,077 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Bradley Foster & Sargent Inc. CT raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,357 shares of the company’s stock after buying an additional 4,077 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after acquiring an additional 51 shares during the period. Ballast Rock Private Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after purchasing an additional 51 shares during the period. Pacific Point Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares in the last quarter. Merkkuri Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.5% in the first quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock valued at $2,277,000 after purchasing an additional 54 shares in the last quarter. Finally, Jessup Wealth Management Inc raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.8% in the fourth quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after purchasing an additional 55 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $213.57 on Friday. The firm’s fifty day moving average is $210.53 and its two-hundred day moving average is $203.05. The firm has a market cap of $95.73 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.