Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.2% during the third quarter, HoldingsChannel.com reports. The fund owned 50,800 shares of the company’s stock after purchasing an additional 98 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.7% of Garden State Investment Advisory Services LLC’s portfolio, making the stock its 8th largest holding. Garden State Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,131,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares during the last quarter. US Bancorp DE lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after buying an additional 1,990,537 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after buying an additional 1,488,000 shares during the last quarter. Finally, Members Trust Co raised its position in shares of Invesco S&P 500 Equal Weight ETF by 52,899.4% during the second quarter. Members Trust Co now owns 630,693 shares of the company’s stock worth $103,610,000 after acquiring an additional 629,503 shares during the last quarter.

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

Invesco S&P 500 Equal Weight ETF stock traded down $0.88 during mid-day trading on Friday, hitting $181.92. The stock had a trading volume of 1,375,242 shares, compared to its average volume of 6,048,927. The stock has a 50-day simple moving average of $181.94 and a two-hundred day simple moving average of $173.77. The stock has a market capitalization of $60.93 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16.

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).