Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Raised by Keystone Wealth Services LLC

Keystone Wealth Services LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,748 shares of the company’s stock after acquiring an additional 952 shares during the period. Keystone Wealth Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Optimum Investment Advisors raised its stake in shares of 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 purchasing an additional 1,060 shares in the last quarter. Tran Capital Management L.P. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $434,000. Destination Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in 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 in the last quarter. Courage Miller Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares in the last quarter. Finally, Bank of New Hampshire bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $373,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $0.79 during trading on Tuesday, reaching $180.43. The company had a trading volume of 5,151,735 shares, compared to its average volume of 6,151,763. The firm’s 50 day simple moving average is $174.15 and its two-hundred day simple moving average is $168.46. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22. The company has a market capitalization of $60.43 billion, a PE ratio of 20.44 and a beta of 0.90.

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).