Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Refined Wealth Management

Refined Wealth Management increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,717 shares of the company’s stock after acquiring an additional 6,723 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 8.5% of Refined Wealth Management’s portfolio, making the stock its 3rd biggest position. Refined Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,127,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. Weaver Consulting Group grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after acquiring an additional 48 shares in the last quarter. Charis Legacy Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after buying an additional 49 shares during the period. Canvas Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after acquiring an additional 50 shares during the period. Ballast Rock Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after purchasing an additional 51 shares during the last quarter. Finally, Boston Standard Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the 2nd quarter. Boston Standard Wealth Management LLC now owns 2,012 shares of the company’s stock worth $431,000 after purchasing an additional 53 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

Invesco S&P 500 Equal Weight ETF stock traded down $0.36 during midday trading on Tuesday, reaching $212.82. 4,553,748 shares of the stock traded hands, compared to its average volume of 11,989,995. The firm has a fifty day moving average price of $216.30 and a two-hundred day moving average price of $209.87. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The firm has a market cap of $96.72 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.