3,167 Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by MLP3 LLC

MLP3 LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 34,104 shares of the company’s stock after acquiring an additional 3,167 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 6.1% of MLP3 LLC’s investment portfolio, making the stock its 2nd biggest position. MLP3 LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,094,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Venture Visionary Partners LLC lifted its stake in 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 worth $80,002,000 after purchasing an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $794,000. Corient Private Wealth LP grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after buying an additional 58,956 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after buying an additional 76,324 shares during the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $2,939,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8%

Shares of RSP traded down $1.68 during trading hours on Friday, hitting $216.54. The company had a trading volume of 6,311,610 shares, compared to its average volume of 11,889,896. The firm has a market cap of $99.53 billion, a P/E ratio of 20.10 and a beta of 0.92. The stock’s 50 day moving average price is $215.28 and its 200 day moving average price is $211.23. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43.

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.