Almanack Investment Partners LLC. Makes New $1.55 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Almanack Investment Partners LLC. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,500 shares of the company’s stock, valued at approximately $1,545,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $30,000. OLD Second National Bank of Aurora bought a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $31,000. Finally, Howe & Rusling Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 2.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.12 on Monday. The company’s fifty day simple moving average is $187.69 and its two-hundred day simple moving average is $179.70. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The firm has a market cap of $72.22 billion, a PE ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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