Latko Wealth Management Ltd. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Latko Wealth Management Ltd. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,388 shares of the company’s stock, valued at approximately $607,000. Invesco S&P 500 Equal Weight ETF comprises approximately 0.4% of Latko Wealth Management Ltd.’s portfolio, making the stock its 19th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. CPA Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after buying an additional 63 shares in the last quarter. Delta Investment Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after acquiring an additional 65 shares during the last quarter. America First Investment Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after acquiring an additional 66 shares in the last quarter. Finally, Opal Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after acquiring an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $176.40 on Friday. The company has a market cap of $59.08 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $137.38 and a 1 year high of $182.22. The stock’s 50 day simple moving average is $177.03 and its two-hundred day simple moving average is $169.80.

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).