Paulson Wealth Management Inc. Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Paulson Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.6% during the third quarter, Holdings Channel.com reports. The firm owned 3,408 shares of the company’s stock after acquiring an additional 326 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $611,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. RMR Capital Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the third quarter. RMR Capital Management LLC now owns 23,789 shares of the company’s stock valued at $4,262,000 after acquiring an additional 223 shares during the period. Private Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 20.4% in the third quarter. Private Wealth Advisors LLC now owns 2,181 shares of the company’s stock valued at $389,000 after acquiring an additional 369 shares during the period. Aptus Capital Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 9.2% in the third quarter. Aptus Capital Advisors LLC now owns 367,797 shares of the company’s stock valued at $65,895,000 after acquiring an additional 30,880 shares during the period. Commonwealth Retirement Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $276,000. Finally, Missouri Trust & Investment Co increased its position in shares of Invesco S&P 500 Equal Weight ETF by 220.4% in the third quarter. Missouri Trust & Investment Co now owns 1,272 shares of the company’s stock valued at $228,000 after acquiring an additional 875 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8 %

RSP stock opened at $183.61 on Wednesday. The firm’s 50-day moving average price is $177.86 and its two-hundred day moving average price is $170.74. Invesco S&P 500 Equal Weight ETF has a 12-month low of $140.06 and a 12-month high of $185.79. The stock has a market capitalization of $61.50 billion, a price-to-earnings 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).