Reyes Financial Architecture Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

Reyes Financial Architecture Inc. purchased 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 and Exchange Commission. The fund purchased 10,372 shares of the company’s stock, valued at approximately $1,968,000. Invesco S&P 500 Equal Weight ETF accounts for about 1.3% of Reyes Financial Architecture Inc.’s holdings, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. NBZ Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $28,000. Investment Counsel Co. of Nevada bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $32,000. Finally, IMA Advisory Services Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $33,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of RSP opened at $202.89 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24. The stock has a 50 day simple moving average of $199.31 and a 200-day simple moving average of $192.69. The stock has a market cap of $84.14 billion, a PE ratio of 20.10 and a beta of 0.99.

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.