Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 236.1% during the third quarter, Holdings Channel.com reports. The firm owned 103,900 shares of the company’s stock after purchasing an additional 72,989 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.9% of Flow Traders U.S. LLC’s portfolio, making the stock its 14th largest position. Flow Traders U.S. LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,615,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Destination Wealth Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after acquiring an additional 96 shares in the last quarter. Courage Miller Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after purchasing an additional 273 shares in the last quarter. Riversedge Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares in the last quarter. Blue Trust Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after buying an additional 6,001 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $187.62 on Friday. The stock’s 50-day simple moving average is $180.69 and its 200-day simple moving average is $172.66. The firm has a market capitalization of $62.84 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.87 and a fifty-two week high of $188.16.

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).