Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Savvy Advisors Inc.

Savvy Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.5% during the third quarter, Holdings Channel.com reports. The firm owned 1,800 shares of the company’s stock after acquiring an additional 200 shares during the period. Savvy Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $322,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Richardson Financial Services Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $183.71 on Thursday. The stock has a market capitalization of $61.53 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $142.77 and a one year high of $185.79. The business’s 50-day simple moving average is $178.06 and its 200-day simple moving average is $170.89.

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).