51,103 Shares of Invesco S&P 500 Equal Weight ETF $RSP Bought by Modera Wealth Management LLC

Modera Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 51,103 shares of the company’s stock, valued at approximately $10,630,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highland Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $26,000. Brandywine Financial Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares in the last quarter. Valley National Advisers Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $31,000. Rogco LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $34,000. Finally, Asset Dedication LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $36,000. 61.18% of the stock is currently owned by institutional investors.

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

NYSEARCA RSP opened at $218.31 on Friday. The company’s 50 day moving average is $215.05 and its 200-day moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The firm has a market cap of $100.21 billion, a P/E 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.