Buffington Mohr McNeal Purchases 11,437 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Buffington Mohr McNeal lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 43.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,913 shares of the company’s stock after acquiring an additional 11,437 shares during the quarter. Buffington Mohr McNeal’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,421,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Advisors Ltd. LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the first quarter. Capital Advisors Ltd. LLC now owns 84,428 shares of the company’s stock valued at $14,300,000 after acquiring an additional 2,049 shares during the last quarter. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $178,000. Panoramic Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 20.0% during the first quarter. Panoramic Investment Advisors LLC now owns 3,210 shares of the company’s stock worth $544,000 after buying an additional 535 shares during the last quarter. Colton Groome Financial Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 28.6% during the first quarter. Colton Groome Financial Advisors LLC now owns 3,335 shares of the company’s stock worth $565,000 after buying an additional 742 shares during the last quarter. Finally, Steele Capital Management Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 1,729.4% during the first quarter. Steele Capital Management Inc. now owns 163,020 shares of the company’s stock worth $27,611,000 after buying an additional 154,109 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded up $0.73 during trading on Tuesday, reaching $163.68. 3,707,089 shares of the company’s stock were exchanged, compared to its average volume of 6,049,783. The business has a 50 day moving average price of $164.75 and a 200-day moving average price of $162.13. The stock has a market capitalization of $54.82 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80.

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).