Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Covenant Asset Management LLC

Covenant Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,369 shares of the company’s stock after buying an additional 484 shares during the quarter. Covenant Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. CPA Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares in the last quarter. Inlet Private Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the period. Delta Investment Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares in the last quarter. America First Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after purchasing an additional 66 shares in the last quarter. Finally, Opal Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after buying an additional 67 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $184.08 on Friday. The company has a market cap of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.01 and a fifty-two week high of $185.79. The firm’s 50 day simple moving average is $179.45 and its 200-day simple moving average is $171.75.

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).