Alexander Labrunerie & CO. Inc. Purchases 5,944 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Alexander Labrunerie & CO. Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 58.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,086 shares of the company’s stock after buying an additional 5,944 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.1% of Alexander Labrunerie & CO. Inc.’s holdings, making the stock its 23rd largest holding. Alexander Labrunerie & CO. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,052,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $11,553,000. Finally, Kingsview Wealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.8% during the second quarter. Kingsview Wealth Management LLC now owns 18,137 shares of the company’s stock valued at $3,296,000 after buying an additional 994 shares during the period. Institutional investors own 61.18% of the company’s stock.

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

Shares of NYSEARCA:RSP opened at $196.05 on Wednesday. The firm has a 50 day moving average of $199.85 and a 200 day moving average of $193.29. The company has a market capitalization of $81.30 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.

Invesco S&P 500 Equal Weight ETF 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.