Frank Rimerman Advisors LLC Purchases 782 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Frank Rimerman Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,236 shares of the company’s stock after buying an additional 782 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 0.8% of Frank Rimerman Advisors LLC’s investment portfolio, making the stock its 19th largest position. Frank Rimerman Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,613,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 48.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. US Bancorp DE grew its stake in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after buying an additional 1,990,537 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after acquiring an additional 1,488,000 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $178.11 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $182.22. The stock’s fifty day moving average price is $176.50 and its two-hundred day moving average price is $169.26. The company has a market cap of $59.66 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).