Financial Advocates Investment Management Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Advocates Investment Management lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 146.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,346 shares of the company’s stock after acquiring an additional 84,023 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.8% of Financial Advocates Investment Management’s holdings, making the stock its 7th biggest position. Financial Advocates Investment Management owned about 0.09% of Invesco S&P 500 Equal Weight ETF worth $15,237,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. FCG Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.0% in the 1st quarter. FCG Advisors LLC now owns 3,365 shares of the company’s stock valued at $351,000 after buying an additional 98 shares in the last quarter. Meridian Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.1% in the 2nd quarter. Meridian Wealth Management LLC now owns 9,692 shares of the company’s stock valued at $1,045,000 after buying an additional 102 shares in the last quarter. Claraphi Advisory Network LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.3% in the 2nd quarter. Claraphi Advisory Network LLC now owns 3,282 shares of the company’s stock valued at $354,000 after buying an additional 105 shares in the last quarter. Stockman Wealth Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 1st quarter. Stockman Wealth Management Inc. now owns 24,865 shares of the company’s stock valued at $2,597,000 after buying an additional 106 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the 1st quarter. Compton Wealth Advisory Group LLC now owns 18,392 shares of the company’s stock valued at $1,921,000 after acquiring an additional 113 shares during the last quarter.

RSP traded up $0.49 during trading on Friday, hitting $110.16. The company’s stock had a trading volume of 84,959 shares, compared to its average volume of 756,361. The firm’s 50 day moving average price is $105.97 and its 200-day moving average price is $105.89. Invesco S&P 500 Equal Weight ETF has a twelve month low of $85.76 and a twelve month high of $110.24.

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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