HT Partners LLC Acquires New Stake in Invesco S&P 500 Equal Weight ETF $RSP

HT Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,542 shares of the company’s stock, valued at approximately $737,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Venture Visionary Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after buying an additional 5,887 shares during the period. Rhodes Investment Advisors Inc. ADV bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $794,000. NewEdge Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% in the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares during the period. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $2,939,000. Finally, Corient Private Wealth LP boosted its position in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after acquiring an additional 58,956 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded up $1.90 during mid-day trading on Tuesday, hitting $215.30. 3,979,392 shares of the company’s stock were exchanged, compared to its average volume of 11,912,978. The company has a market cap of $99.50 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The company has a 50-day simple moving average of $215.68 and a 200 day simple moving average of $210.69.

Invesco S&P 500 Equal Weight ETF Company 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.