2,340 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,023 shares of the company’s stock after buying an additional 2,340 shares during the quarter. Ritholtz Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,877,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. NBH Bank lifted its holdings in Invesco S&P 500 Equal Weight ETF by 127.9% during the third quarter. NBH Bank now owns 1,199 shares of the company’s stock valued at $249,000 after purchasing an additional 673 shares during the last quarter. Granville Capital Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.8% in the third quarter. Granville Capital Inc. now owns 57,623 shares of the company’s stock worth $11,987,000 after purchasing an additional 3,677 shares in the last quarter. Joel Isaacson & Co. LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 8.7% in the third quarter. Joel Isaacson & Co. LLC now owns 41,544 shares of the company’s stock valued at $8,642,000 after purchasing an additional 3,320 shares during the period. Valued Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 732.0% in the third quarter. Valued Wealth Advisors LLC now owns 208 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares during the period. Finally, Riverbridge Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 85.5% in the third quarter. Riverbridge Partners LLC now owns 10,526 shares of the company’s stock valued at $2,190,000 after purchasing an additional 4,853 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of RSP stock traded up $0.44 during trading on Friday, reaching $221.16. 6,419,624 shares of the company’s stock traded hands, compared to its average volume of 11,830,450. The company has a market capitalization of $104.35 billion, a P/E ratio of 20.90 and a beta of 0.91. The firm’s 50-day moving average is $214.98 and its 200 day moving average is $208.82. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $224.20.

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.