Patten & Patten Inc. TN Has $3.28 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Patten & Patten Inc. TN raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.3% during the third quarter, Holdings Channel reports. The firm owned 18,330 shares of the company’s stock after purchasing an additional 2,836 shares during the period. Patten & Patten Inc. TN’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,284,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Richardson Financial Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. raised its holdings 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 worth $32,000 after purchasing an additional 100 shares during the period. Finally, Creekmur Asset Management LLC increased its holdings in 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 worth $33,000 after acquiring an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $184.10 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $139.03 and a 1 year high of $184.47. The company has a market cap of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average price is $177.68 and its two-hundred day moving average price is $170.52.

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).