3,545 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Flaharty Asset Management LLC

Flaharty Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, Holdings Channel.com reports. The firm bought 3,545 shares of the company’s stock, valued at approximately $672,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after buying an additional 1,103,629 shares during the period. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 11.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after acquiring an additional 589,365 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Invesco S&P 500 Equal Weight ETF by 119.1% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after acquiring an additional 1,102,322 shares in the last quarter. Phoenix Financial Ltd. raised its stake in Invesco S&P 500 Equal Weight ETF by 13.8% during the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after acquiring an additional 214,432 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.2% during the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after acquiring an additional 54,925 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $198.08 on Friday. The stock has a market cap of $82.87 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $200.78. The business has a fifty day moving average of $194.38 and a 200-day moving average of $189.85.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.