Cabot Wealth Management Inc. Buys 3,827 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cabot Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,310 shares of the company’s stock after purchasing an additional 3,827 shares during the quarter. Cabot Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,193,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Everett Harris & Co. CA boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock worth $795,000 after purchasing an additional 65 shares in the last quarter. Delta Investment Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares in the last quarter. America First Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after acquiring an additional 66 shares during the period. Opal Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after acquiring an additional 67 shares during the period. Finally, Founders Financial Alliance LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after acquiring an additional 67 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of RSP traded down $0.82 during trading hours on Tuesday, hitting $180.40. 5,151,089 shares of the stock traded hands, compared to its average volume of 6,151,760. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $182.22. The firm has a market capitalization of $60.42 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a fifty day moving average of $174.15 and a 200-day moving average of $168.46.

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).