Greenwood Gearhart Inc. lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 8.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 227,715 shares of the company’s stock after acquiring an additional 18,571 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.6% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 13th largest holding. Greenwood Gearhart Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $41,385,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $26,000. Richardson Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $30,000. OLD Second National Bank of Aurora bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $31,000. Finally, Howe & Rusling Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 2.3%
Invesco S&P 500 Equal Weight ETF stock opened at $185.12 on Friday. The firm has a market cap of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The stock has a fifty day simple moving average of $187.69 and a two-hundred day simple moving average of $179.63.
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).
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