Invesco S&P 500 Equal Weight ETF $RSP Stake Raised by Crown Wealth Group LLC

Crown Wealth Group LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 80.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,695 shares of the company’s stock after purchasing an additional 2,535 shares during the period. Crown Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,185,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Highland Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $26,000. Brandywine Financial Group grew its holdings in Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the period. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Rogco LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Finally, Asset Dedication LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $36,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of NYSEARCA RSP traded down $0.69 on Monday, reaching $213.40. 5,971,682 shares of the company traded hands, compared to its average volume of 11,953,941. The stock has a market capitalization of $98.62 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The company has a 50 day moving average of $215.81 and a 200 day moving average of $210.53.

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). 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.