Koss Olinger Consulting LLC Acquires Shares of 23,237 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Koss Olinger Consulting LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 23,237 shares of the company’s stock, valued at approximately $3,817,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Certuity LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 37.5% in the 2nd quarter. Certuity LLC now owns 2,393 shares of the company’s stock worth $393,000 after buying an additional 653 shares during the period. Stephenson & Company Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the second quarter. Stephenson & Company Inc. now owns 115,173 shares of the company’s stock worth $18,921,000 after acquiring an additional 1,030 shares during the period. Chris Bulman Inc bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth $64,000. Strategic Financial Concepts LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. Finally, Motiv8 Investments LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $245,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1 %

Shares of NYSEARCA RSP opened at $170.45 on Friday. The company has a market cap of $57.09 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 $133.34 and a 52 week high of $175.96. The business has a 50-day simple moving average of $169.09 and a two-hundred day simple moving average of $166.19.

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).