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

Wharton Business Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 282,853 shares of the company’s stock after purchasing an additional 4,145 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.2% of Wharton Business Group LLC’s holdings, making the stock its 16th largest position. Wharton Business Group LLC owned 0.08% of Invesco S&P 500 Equal Weight ETF worth $49,564,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RSP. Alpha Financial Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after buying an additional 1,502 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares during the last quarter. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Pettinga Financial Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $529,000. Finally, Country Club Bank increased its position in Invesco S&P 500 Equal Weight ETF by 11.5% during the 3rd quarter. Country Club Bank now owns 9,771 shares of the company’s stock worth $1,748,000 after purchasing an additional 1,007 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %

NYSEARCA RSP opened at $179.82 on Monday. The business’s 50 day moving average is $178.93 and its two-hundred day moving average is $178.55. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The stock has a market capitalization of $60.23 billion, a price-to-earnings 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).