Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Lifted by Meadow Creek Wealth Advisors LLC

Meadow Creek Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,742 shares of the company’s stock after buying an additional 536 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.8% of Meadow Creek Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Meadow Creek Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,283,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fairman Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $27,000. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. DHJJ Financial Advisors Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the last quarter. Finally, Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $36,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

Shares of RSP stock opened at $179.01 on Wednesday. The business’s 50 day moving average is $175.97 and its two-hundred day moving average is $169.03. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The company has a market capitalization of $59.96 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).