Wealth Enhancement Advisory Services LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 519,395 shares of the company’s stock after purchasing an additional 35,738 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.16% of Invesco S&P 500 Equal Weight ETF worth $93,055,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. PFG Investments LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 41.7% in the 3rd quarter. PFG Investments LLC now owns 9,742 shares of the company’s stock worth $1,745,000 after buying an additional 2,866 shares in the last quarter. Cooksen Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.3% in the third quarter. Cooksen Wealth LLC now owns 4,136 shares of the company’s stock worth $741,000 after acquiring an additional 172 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Invesco S&P 500 Equal Weight ETF by 29.5% in the third quarter. Arkadios Wealth Advisors now owns 52,194 shares of the company’s stock valued at $9,351,000 after purchasing an additional 11,879 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $12,692,000. Finally, Osborne Partners Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the third quarter. Osborne Partners Capital Management LLC now owns 14,881 shares of the company’s stock worth $2,666,000 after buying an additional 630 shares in the last quarter.

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

Shares of RSP traded down $0.85 during midday trading on Friday, hitting $178.11. The company had a trading volume of 4,555,176 shares, compared to its average volume of 6,073,535. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $182.22. The company’s 50 day moving average price is $176.50 and its 200 day moving average price is $169.25. The stock has a market cap of $59.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).