Leavell Investment Management Inc. Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Leavell Investment Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,616 shares of the company’s stock after acquiring an additional 1,669 shares during the quarter. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,010,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Destination Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after buying an additional 96 shares during the period. Courage Miller Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after buying an additional 273 shares during the period. Blair William & Co. IL boosted its position in Invesco S&P 500 Equal Weight ETF by 13.2% during the first quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after purchasing an additional 23,957 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after purchasing an additional 6,001 shares during the period. Finally, Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $3,227,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.93 on Friday, hitting $184.01. The company had a trading volume of 2,933,068 shares, compared to its average volume of 6,058,045. The stock has a market capitalization of $61.63 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average of $177.34 and a 200-day moving average of $170.22. Invesco S&P 500 Equal Weight ETF has a 1 year low of $139.03 and a 1 year high of $184.34.

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).