Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Channel Wealth LLC

Channel Wealth LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 149.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,268 shares of the company’s stock after purchasing an additional 3,754 shares during the quarter. Channel Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,098,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of RSP. Riversedge Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares in the last quarter. Brightwater Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $3,227,000. Montis Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 61.3% during the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after buying an additional 21,202 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after acquiring an additional 2,206 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.17 on Friday. The company has a fifty day moving average of $180.70 and a two-hundred day moving average of $175.81. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The stock has a market capitalization of $60.01 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).