Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Lifted by Orion Capital Management LLC

Orion Capital Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,243 shares of the company’s stock after purchasing an additional 1,198 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.3% of Orion Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Orion Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,702,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Richardson Financial Services Inc. boosted 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 purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $29,000. Finally, Riggs Asset Managment Co. Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

NYSEARCA RSP opened at $184.43 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.68 and a 52 week high of $188.16. The business’s fifty day simple moving average is $181.61 and its 200-day simple moving average is $173.51. The firm has a market cap of $61.77 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).