Vanguard Capital Wealth Advisors Purchases New Position in Invesco S&P 500 Equal Weight ETF $RSP

Vanguard Capital Wealth Advisors acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,990 shares of the company’s stock, valued at approximately $830,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BostonPremier Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. BostonPremier Wealth LLC now owns 18,333 shares of the company’s stock valued at $3,814,000 after purchasing an additional 390 shares during the last quarter. Granite Islands Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $5,152,000. Kennicott Capital Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.9% in the 3rd quarter. Kennicott Capital Management LLC now owns 15,447 shares of the company’s stock valued at $3,213,000 after buying an additional 575 shares in the last quarter. Trail Ridge Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 8,615 shares of the company’s stock valued at $1,792,000 after buying an additional 267 shares in the last quarter. Finally, North Capital Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 28.3% in the 3rd quarter. North Capital Inc. now owns 3,708 shares of the company’s stock worth $791,000 after buying an additional 818 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 1.4%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $215.00 on Friday. The firm’s 50 day moving average price is $215.93 and its 200-day moving average price is $210.35. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The company has a market cap of $98.68 billion, a P/E ratio of 20.10 and a beta of 0.92.

Invesco S&P 500 Equal Weight ETF 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.