Compass Wealth Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Compass Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 108,908 shares of the company’s stock after purchasing an additional 1,141 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 4.6% of Compass Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Compass Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,512,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairman Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth $27,000. DHJJ Financial Advisors Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the period. Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $36,000. Finally, VitalStone Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.0% in the 3rd quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after buying an additional 74 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

NYSEARCA RSP traded down $0.15 during trading hours on Thursday, reaching $181.47. 1,643,386 shares of the company were exchanged, compared to its average volume of 6,122,810. The stock has a market capitalization of $60.78 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $182.22. The business’s 50 day simple moving average is $174.84 and its 200-day simple moving average is $168.63.

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).