Farther Finance Advisors LLC Has $6.44 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Farther Finance Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 41.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,929 shares of the company’s stock after acquiring an additional 10,566 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,437,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Norden Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $1,421,000. BNP Paribas Financial Markets raised its position in Invesco S&P 500 Equal Weight ETF by 109.1% in the 1st quarter. BNP Paribas Financial Markets now owns 686,663 shares of the company’s stock valued at $116,300,000 after buying an additional 358,305 shares during the last quarter. Capstone Investment Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 88.3% in the 1st quarter. Capstone Investment Advisors LLC now owns 3,775 shares of the company’s stock valued at $639,000 after acquiring an additional 1,770 shares in the last quarter. Lincoln National Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 236.5% in the 1st quarter. Lincoln National Corp now owns 278,219 shares of the company’s stock valued at $47,122,000 after acquiring an additional 195,545 shares in the last quarter. Finally, Vantage Financial Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 6.2% during the 1st quarter. Vantage Financial Partners LLC now owns 1,695 shares of the company’s stock worth $287,000 after acquiring an additional 99 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

NYSEARCA RSP opened at $176.41 on Friday. The firm’s 50 day moving average is $177.03 and its 200-day moving average is $169.73. The company has a market capitalization of $59.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $137.38 and a 12-month high of $182.22.

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).