Ashton Thomas Private Wealth LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Ashton Thomas Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 71.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,350 shares of the company’s stock after purchasing an additional 6,800 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,102,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RSP. Marco Investment Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the 3rd quarter. Marco Investment Management LLC now owns 14,828 shares of the company’s stock worth $2,813,000 after buying an additional 110 shares during the period. Marshall Financial Group Inc. ADV lifted its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 3rd quarter. Marshall Financial Group Inc. ADV now owns 3,680 shares of the company’s stock valued at $698,000 after acquiring an additional 121 shares during the period. Delta Asset Management LLC TN purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $62,000. Callan Family Office LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.0% during the third quarter. Callan Family Office LLC now owns 4,218 shares of the company’s stock worth $800,000 after acquiring an additional 163 shares in the last quarter. Finally, Raelipskie Partnership grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the third quarter. Raelipskie Partnership now owns 98,350 shares of the company’s stock worth $18,657,000 after purchasing an additional 580 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $198.56 on Friday. The company has a 50 day simple moving average of $195.18 and a two-hundred day simple moving average of $190.24. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $200.95. The company has a market capitalization of $82.34 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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). 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.