Alexander Labrunerie & CO. Inc. Has $1.44 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Alexander Labrunerie & CO. Inc. grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,029 shares of the company’s stock after buying an additional 607 shares during the quarter. Alexander Labrunerie & CO. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,438,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. CPA Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares during the period. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Signaturefd LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 70.2% in the third quarter. Signaturefd LLC now owns 10,021 shares of the company’s stock valued at $1,795,000 after purchasing an additional 4,134 shares in the last quarter. Sky Investment Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the third quarter. Sky Investment Group LLC now owns 2,395 shares of the company’s stock worth $429,000 after buying an additional 100 shares during the period. Finally, Fortis Group Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 61.1% in the 3rd quarter. Fortis Group Advisors LLC now owns 40,509 shares of the company’s stock valued at $7,258,000 after buying an additional 15,357 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $179.51 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $182.22. The business’s 50 day simple moving average is $175.97 and its 200 day simple moving average is $169.03. The firm has a market cap of $60.13 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).