Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Fortis Group Advisors LLC

Fortis Group Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 231.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,152 shares of the company’s stock after buying an additional 17,562 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,132,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $1,051,000. New York State Common Retirement Fund acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $5,228,000. GAMMA Investing LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $38,000. Mather Group LLC. raised its stake in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Mather Group LLC. now owns 2,950 shares of the company’s stock valued at $466,000 after purchasing an additional 178 shares during the period. Finally, Kestra Private Wealth Services LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 8.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 23,135 shares of the company’s stock valued at $3,651,000 after purchasing an additional 1,899 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $1.35 during mid-day trading on Friday, reaching $175.87. The company had a trading volume of 4,635,830 shares, compared to its average volume of 6,229,496. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $175.96. The stock has a market capitalization of $58.91 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average is $168.24 and its 200-day moving average is $165.67.

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).