Essex Savings Bank Has $647,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Essex Savings Bank grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,613 shares of the company’s stock after purchasing an additional 495 shares during the period. Essex Savings Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $647,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. LTG Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.9% in the 3rd quarter. LTG Capital LLC now owns 109,091 shares of the company’s stock valued at $19,545,000 after purchasing an additional 2,039 shares during the period. Objective Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $514,000. Carmel Capital Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $2,836,000. Fairway Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Fairway Wealth LLC now owns 52,196 shares of the company’s stock worth $9,351,000 after buying an additional 5,008 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 6.5% in the third quarter. Bridges Investment Management Inc. now owns 6,198 shares of the company’s stock worth $1,110,000 after buying an additional 378 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $184.10 on Friday. The stock’s 50 day moving average price is $177.68 and its 200 day moving average price is $170.47. Invesco S&P 500 Equal Weight ETF has a 52 week low of $139.03 and a 52 week high of $184.47. The company has a market capitalization of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).