7,288 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Howland Capital Management LLC

Howland Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,353 shares of the company’s stock after acquiring an additional 7,288 shares during the quarter. Howland Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,547,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brookstone Capital Management increased its position in Invesco S&P 500 Equal Weight ETF by 12.9% during the 3rd quarter. Brookstone Capital Management now owns 305,388 shares of the company’s stock worth $63,527,000 after purchasing an additional 34,901 shares during the period. NBT Bank N.A. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $367,000. Precedent Wealth Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 44.9% during the 3rd quarter. Precedent Wealth Partners LLC now owns 45,157 shares of the company’s stock worth $9,394,000 after buying an additional 13,986 shares in the last quarter. Investment House LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $2,735,000. Finally, Cadinha & Co. LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $8,076,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $218.22 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The company has a market cap of $100.30 billion, a PE ratio of 20.10 and a beta of 0.92. The stock’s 50 day moving average price is $215.40 and its 200 day moving average price is $211.19.

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.