Advisory Services Network LLC Purchases 20,155 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Advisory Services Network LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,641 shares of the company’s stock after purchasing an additional 20,155 shares during the period. Advisory Services Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,921,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. Investment Counsel Co. of Nevada purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $29,000. Tompkins Financial Corp purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $32,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $33,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $196.05 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The company has a market cap of $81.30 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s 50-day moving average price is $199.85 and its 200-day moving average price is $193.29.

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.