Silver Oak Securities Incorporated Purchases 8,633 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Silver Oak Securities Incorporated grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 75.5% in the third quarter, HoldingsChannel.com reports. The fund owned 20,062 shares of the company’s stock after buying an additional 8,633 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Fairman Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares during the period. Finally, Central Bank & Trust Co. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $36,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $178.96 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22. The stock has a market cap of $59.94 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average price of $176.18 and a two-hundred day moving average price of $169.10.

About Invesco S&P 500 Equal Weight ETF

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).