Ballast Inc. Buys 1,116 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ballast Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,773 shares of the company’s stock after purchasing an additional 1,116 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 3.5% of Ballast Inc.’s investment portfolio, making the stock its 10th largest position. Ballast Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,321,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of RSP. Trust Co. of Vermont boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.1% in the third quarter. Trust Co. of Vermont now owns 2,029 shares of the company’s stock valued at $364,000 after purchasing an additional 116 shares in the last quarter. Marshall Financial Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 54.7% in the 3rd quarter. Marshall Financial Group LLC now owns 27,396 shares of the company’s stock valued at $4,908,000 after buying an additional 9,685 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the 3rd quarter. Bleakley Financial Group LLC now owns 63,472 shares of the company’s stock valued at $11,372,000 after buying an additional 815 shares during the last quarter. Optimum Investment Advisors raised its stake in Invesco S&P 500 Equal Weight ETF by 93.0% during the 3rd quarter. Optimum Investment Advisors now owns 6,359 shares of the company’s stock worth $1,139,000 after acquiring an additional 3,065 shares in the last quarter. Finally, Compass Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.1% in the third quarter. Compass Wealth Management LLC now owns 108,908 shares of the company’s stock valued at $19,512,000 after acquiring an additional 1,141 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $181.33 on Friday. The company has a fifty day moving average of $175.14 and a two-hundred day moving average of $168.72. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $182.22. The company has a market capitalization of $60.73 billion, a PE 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).