Valmark Advisers Inc. Has $1.82 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Valmark Advisers Inc. grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,163 shares of the company’s stock after acquiring an additional 2,083 shares during the period. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Strategic Blueprint LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.0% in the 3rd quarter. Strategic Blueprint LLC now owns 5,018 shares of the company’s stock valued at $899,000 after buying an additional 370 shares during the last quarter. Diversify Advisory Services LLC raised its position in Invesco S&P 500 Equal Weight ETF by 13.5% during the third quarter. Diversify Advisory Services LLC now owns 32,957 shares of the company’s stock worth $5,916,000 after acquiring an additional 3,917 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $110,000. Trail Ridge Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 13.1% in the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 9,458 shares of the company’s stock valued at $1,692,000 after acquiring an additional 1,098 shares during the period. Finally, Gateway Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.5% during the 3rd quarter. Gateway Wealth Partners LLC now owns 28,905 shares of the company’s stock worth $5,179,000 after purchasing an additional 2,027 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $178.58 on Wednesday. The company has a 50-day simple moving average of $176.79 and a 200 day simple moving average of $169.51. The company has a market capitalization of $59.81 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.54 and a 52-week high of $182.22.

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).