Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,041 shares of the company’s stock after acquiring an additional 6,872 shares during the quarter. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,740,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairman Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares during the last quarter. Creekmur Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the last quarter. Central Bank & Trust Co. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $36,000. Finally, VitalStone Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 46.0% in the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after acquiring an additional 74 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

RSP stock traded down $0.79 during midday trading on Tuesday, reaching $180.43. The company had a trading volume of 5,151,735 shares, compared to its average volume of 6,151,763. The stock has a 50 day moving average price of $174.15 and a 200 day moving average price of $168.46. The firm has a market capitalization of $60.43 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22.

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).