J.W. Cole Advisors Inc. Has $8.61 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

J.W. Cole Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 48,068 shares of the company’s stock after acquiring an additional 3,962 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,612,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. Fairman Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth $27,000. GHP Investment Advisors Inc. lifted its stake in shares of 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 valued at $29,000 after buying an additional 72 shares in the last quarter. Bristlecone Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $33,000. Finally, DHJJ Financial Advisors Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter.

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

NYSEARCA RSP traded down $0.85 during trading hours on Friday, hitting $178.11. The company’s stock had a trading volume of 4,555,176 shares, compared to its average volume of 6,073,535. The company has a market capitalization of $59.66 billion, a PE ratio of 20.44 and a beta of 0.90. 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 simple moving average is $176.50 and its two-hundred day simple moving average is $169.26.

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).