Intellectus Partners LLC Buys 3,073 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Intellectus Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.3% in the third quarter, Holdings Channel reports. The fund owned 11,545 shares of the company’s stock after acquiring an additional 3,073 shares during the period. Intellectus Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,068,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake 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 in the last quarter. DHJJ Financial Advisors Ltd. grew its holdings 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 purchasing an additional 100 shares during the last quarter. Finally, Creekmur Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8 %

Invesco S&P 500 Equal Weight ETF stock opened at $182.24 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $144.35 and a 12-month high of $185.79. The stock has a 50-day simple moving average of $178.27 and a 200 day simple moving average of $170.98. The stock has a market capitalization of $61.04 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).