Forum Financial Management LP Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Forum Financial Management LP lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,109 shares of the company’s stock after buying an additional 543 shares during the quarter. Forum Financial Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $736,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Capstone Investment Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 88.3% during the first quarter. Capstone Investment Advisors LLC now owns 3,775 shares of the company’s stock worth $639,000 after purchasing an additional 1,770 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 35.9% in the first quarter. Rehmann Capital Advisory Group now owns 2,448 shares of the company’s stock valued at $415,000 after acquiring an additional 647 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 386.4% in the first quarter. Larson Financial Group LLC now owns 856 shares of the company’s stock valued at $145,000 after acquiring an additional 680 shares in the last quarter. TFB Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 8.1% in the first quarter. TFB Advisors LLC now owns 2,124 shares of the company’s stock valued at $341,000 after acquiring an additional 159 shares in the last quarter. Finally, Joseph P. Lucia & Associates LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $672,000.

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

Shares of NYSEARCA:RSP opened at $176.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $139.03 and a 52-week high of $182.22. The stock’s fifty day simple moving average is $177.07 and its 200-day simple moving average is $169.99. The company has a market capitalization of $59.15 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).