Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Bought by Sterling Manor Financial LLC

Sterling Manor Financial LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, HoldingsChannel reports. The fund purchased 68,390 shares of the company’s stock, valued at approximately $14,227,000. Invesco S&P 500 Equal Weight ETF comprises approximately 8.2% of Sterling Manor Financial LLC’s portfolio, making the stock its 3rd biggest holding.

Other large investors have also recently modified their holdings of the company. Fifth Third Securities Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $2,539,000. Atticus Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 95.1% in the 3rd quarter. Atticus Wealth Management LLC now owns 4,260 shares of the company’s stock worth $886,000 after buying an additional 2,077 shares during the last quarter. Eagle Harbor Asset Management Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $532,000. Innova Wealth Partners raised its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the 3rd quarter. Innova Wealth Partners now owns 7,546 shares of the company’s stock valued at $1,570,000 after buying an additional 882 shares in the last quarter. Finally, Benchmark Financial Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 22,612 shares of the company’s stock valued at $4,704,000 after buying an additional 1,171 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

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

Shares of NYSEARCA RSP traded up $0.88 during mid-day trading on Wednesday, reaching $216.74. 3,505,051 shares of the company were exchanged, compared to its average volume of 11,887,296. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The stock has a market capitalization of $100.16 billion, a PE ratio of 20.10 and a beta of 0.92. The company’s 50 day moving average price is $215.58 and its 200 day moving average price is $210.85.

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). 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.