Raelipskie Partnership Buys 8,406 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Raelipskie Partnership boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,212 shares of the company’s stock after buying an additional 8,406 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 6.7% of Raelipskie Partnership’s investment portfolio, making the stock its 4th biggest holding. Raelipskie Partnership’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,833,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Destination Wealth Management lifted its position in shares of 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 valued at $328,000 after acquiring an additional 96 shares during the last quarter. Courage Miller Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in 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 boosted its holdings 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 during the period. Blue Trust Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after buying an additional 6,001 shares during the period.

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

RSP opened at $185.19 on Monday. The stock has a market cap of $62.03 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $149.41 and a 1 year high of $188.16. The stock has a fifty day moving average price of $181.51 and a 200 day moving average price of $173.38.

About Invesco S&P 500 Equal Weight ETF

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).