Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,125 shares of the company’s stock after acquiring an additional 3,308 shares during the period. Wedbush Securities Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,577,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $25,000. Fairman Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $27,000. DHJJ Financial Advisors Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares during the period. Finally, Central Bank & Trust Co. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $36,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $171.04 on Monday. The firm has a market capitalization of $57.29 billion, a P/E ratio of 20.44 and a beta of 0.90. The business has a 50 day simple moving average of $169.09 and a 200 day simple moving average of $166.23. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $175.96.

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).