Frank Rimerman Advisors LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Frank Rimerman Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 59,236 shares of the company’s stock after buying an additional 782 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 0.8% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Frank Rimerman Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of RSP. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Fairman Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth $27,000. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Bristlecone Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $33,000. Finally, DHJJ Financial Advisors Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $178.11 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22. The company’s 50-day moving average is $176.50 and its 200 day moving average is $169.26. The company has a market capitalization of $59.66 billion, a P/E 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).