3,966 Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Heritage Wealth Management Inc.

Heritage Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.6% during the third quarter, Holdings Channel.com reports. The firm owned 15,413 shares of the company’s stock after buying an additional 3,966 shares during the period. Heritage Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,206,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of RSP. Weaver Consulting Group grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after purchasing an additional 48 shares during the last quarter. Sage Capital Advisors llc raised its position in Invesco S&P 500 Equal Weight ETF by 2.0% in the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after purchasing an additional 48 shares during the last quarter. Charis Legacy Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after purchasing an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after purchasing an additional 50 shares during the last quarter. Finally, Tenon Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock worth $1,079,000 after purchasing an additional 50 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $218.31 on Friday. The company has a market cap of $100.21 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock’s fifty day moving average price is $215.05 and its two-hundred day moving average price is $207.75. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43.

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.