Ascent Wealth Partners LLC Raises Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Ascent Wealth Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,774 shares of the company’s stock after buying an additional 4,112 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.2% of Ascent Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding. Ascent Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,927,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in RSP. CMG Global Holdings LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares in the last quarter. Sowell Financial Services LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.2% during the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after purchasing an additional 3,829 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 46.5% during the second quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after buying an additional 37,119 shares during the last quarter. Total Clarity Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 25.4% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after buying an additional 872 shares in the last quarter. Finally, Gilbert Capital Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $1,771,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $192.86 on Friday. The company’s 50-day simple moving average is $190.14 and its two-hundred day simple moving average is $187.62. The stock has a market capitalization of $74.60 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $195.46.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.