Precedent Wealth Partners LLC Buys New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Precedent Wealth Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 16,138 shares of the company’s stock, valued at approximately $2,891,000.

A number of other large investors also recently modified their holdings of the company. Fairman Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. raised 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 worth $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $36,000. Finally, Goodman Advisory Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $39,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

RSP stock opened at $181.82 on Friday. The stock has a market cap of $60.90 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The company’s 50 day moving average is $175.44 and its two-hundred day moving average is $168.81.

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).