Paragon Capital Management Ltd Has $291,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Paragon Capital Management Ltd raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,624 shares of the company’s stock after buying an additional 218 shares during the period. Paragon Capital Management Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Optimum Investment Advisors grew its position in Invesco S&P 500 Equal Weight ETF by 95.5% during the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after acquiring an additional 1,060 shares during the last quarter. Tran Capital Management L.P. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $434,000. Regal Wealth Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 653.6% in the 4th quarter. Regal Wealth Group Inc. now owns 19,540 shares of the company’s stock valued at $3,034,000 after buying an additional 16,947 shares during the last quarter. Destination Wealth Management boosted its position 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 buying an additional 96 shares during the period. Finally, Courage Miller Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after acquiring an additional 273 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $179.90 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $180.14. The firm has a market cap of $60.26 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average is $173.79 and its 200-day moving average is $168.36.

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).