Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Magnus Financial Group LLC

Magnus Financial Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,041 shares of the company’s stock after purchasing an additional 6,872 shares during the quarter. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,740,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $27,000. DHJJ Financial Advisors Ltd. lifted its stake in shares of 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 worth $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $36,000. Finally, Goodman Advisory Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $39,000.

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

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.79 on Tuesday, hitting $180.43. 5,151,735 shares of the company’s stock traded hands, compared to its average volume of 6,151,763. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $182.22. The stock has a market cap of $60.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average is $174.15 and its 200 day moving average is $168.46.

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).