D.A. Davidson & CO. Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

D.A. Davidson & CO. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 355,736 shares of the company’s stock, valued at approximately $74,000,000. D.A. Davidson & CO. owned 0.08% of Invesco S&P 500 Equal Weight ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BOKF NA acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $9,485,000. Redmond Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $678,000. Beacon Advisors Holdings LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $219,000. Pinnacle Wealth Planning Services Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 1.9% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 17,607 shares of the company’s stock worth $3,663,000 after acquiring an additional 327 shares during the period. Finally, VestGen Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. VestGen Advisors LLC now owns 94,566 shares of the company’s stock worth $19,672,000 after acquiring an additional 1,253 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $217.43 on Thursday. The stock has a market capitalization of $99.80 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The company has a 50-day simple moving average of $215.13 and a two-hundred day simple moving average of $207.53.

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). 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.