Invesco S&P 500 Equal Weight ETF $RSP Stock Bought by Tucker Asset Management LLC

Tucker Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 114,282 shares of the company’s stock after purchasing an additional 3,121 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 5.9% of Tucker Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Tucker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,773,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Venture Visionary Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after buying an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $794,000. Corient Private Wealth LP boosted its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after acquiring an additional 58,956 shares during the last quarter. Echo45 Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.8% during the 2nd quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock worth $18,607,000 after acquiring an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $2,939,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $219.98 on Tuesday. The firm has a fifty day moving average of $215.02 and a two-hundred day moving average of $207.86. The stock has a market capitalization of $101.01 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.

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.