Compound Planning Inc. Increases Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Compound Planning Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,047 shares of the company’s stock after purchasing an additional 3,697 shares during the quarter. Compound Planning Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,285,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bison Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $11,553,000. Finally, Wealthfront Advisers LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.9% in the 2nd quarter. Wealthfront Advisers LLC now owns 27,476 shares of the company’s stock valued at $4,993,000 after buying an additional 5,294 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

Shares of RSP opened at $203.46 on Wednesday. The company has a market capitalization of $84.37 billion, a price-to-earnings 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 $205.24. The stock’s 50-day moving average price is $198.00 and its 200-day moving average price is $191.97.

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.