Garner Asset Management Corp Purchases 617 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Garner Asset Management Corp grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,271 shares of the company’s stock after acquiring an additional 617 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.2% of Garner Asset Management Corp’s holdings, making the stock its 21st largest position. Garner Asset Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,736,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of RSP. LRI Investments LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $79,000. BOKF NA raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the 1st quarter. BOKF NA now owns 25,989 shares of the company’s stock worth $4,376,000 after buying an additional 1,203 shares in the last quarter. Econ Financial Services Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 458.2% in the 1st quarter. Econ Financial Services Corp now owns 7,681 shares of the company’s stock worth $1,301,000 after buying an additional 6,305 shares in the last quarter. Waverly Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.4% in the 1st quarter. Waverly Advisors LLC now owns 493,919 shares of the company’s stock worth $83,655,000 after buying an additional 20,989 shares in the last quarter. Finally, Black Maple Capital Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $4,759,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $185.53 on Friday. The business has a fifty day moving average price of $179.66 and a 200 day moving average price of $171.95. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.09 and a fifty-two week high of $185.79. The stock has a market capitalization of $62.14 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).