Invesco S&P 500 Equal Weight ETF $RSP Stock Acquired by Aprio Wealth Management LLC

Aprio Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.3% in the third quarter, HoldingsChannel.com reports. The firm owned 28,151 shares of the company’s stock after acquiring an additional 2,628 shares during the period. Aprio Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Modera Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $10,630,000. Heritage Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 34.6% during the third quarter. Heritage Wealth Management Inc. now owns 15,413 shares of the company’s stock worth $3,206,000 after buying an additional 3,966 shares during the period. Raleigh Capital Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.8% in the third quarter. Raleigh Capital Management Inc. now owns 1,253 shares of the company’s stock valued at $261,000 after buying an additional 556 shares during the last quarter. Glenview Trust Co increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the third quarter. Glenview Trust Co now owns 4,242 shares of the company’s stock worth $882,000 after acquiring an additional 157 shares during the period. Finally, Partners Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $508,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8%

NYSEARCA RSP opened at $218.31 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a 50-day moving average of $215.05 and a 200 day moving average of $207.75. The stock has a market capitalization of $100.21 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.