41,449 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by Walker Financial Services Inc.

Walker Financial Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,449 shares of the company’s stock, valued at approximately $7,863,000. Invesco S&P 500 Equal Weight ETF comprises approximately 3.1% of Walker Financial Services Inc.’s holdings, making the stock its 12th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $26,000. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $29,000. Howe & Rusling Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $34,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $192.29 on Wednesday. The stock’s 50-day moving average is $189.13 and its two-hundred day moving average is $186.35. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.46. The firm has a market cap of $74.38 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).