1ST Source Bank Purchases 422 Shares of Invesco S&P 500 Equal Weight ETF $RSP

1ST Source Bank increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,127 shares of the company’s stock after purchasing an additional 422 shares during the period. 1ST Source Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $568,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of RSP. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $26,000. Howe & Rusling Inc. raised its position 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 purchasing an additional 124 shares in the last quarter. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $34,000. Finally, Hanson & Doremus Investment Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.5% in the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after acquiring an additional 72 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

Shares of NYSEARCA:RSP opened at $187.56 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The company has a market capitalization of $72.55 billion, a PE ratio of 20.10 and a beta of 0.99. The business’s fifty day simple moving average is $188.74 and its 200-day simple moving average is $183.36.

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).