Stableford Capital II LLC Purchases Shares of 4,936 Invesco S&P 500 Equal Weight ETF $RSP

Stableford Capital II LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, Holdings Channel reports. The firm acquired 4,936 shares of the company’s stock, valued at approximately $946,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after acquiring an additional 137,493 shares in the last quarter. CMG Global Holdings LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after acquiring an additional 4,262 shares in the last quarter. Sowell Financial Services LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 23.2% during the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the last quarter. Argent Advisors Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after purchasing an additional 3,135 shares in the last quarter. Finally, Roman Butler Fullerton & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 67.0% in the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after purchasing an additional 4,358 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.9%

Shares of NYSEARCA:RSP opened at $191.08 on Friday. The firm has a 50 day simple moving average of $199.10 and a 200-day simple moving average of $193.42. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The company has a market capitalization of $79.24 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.