Retirement Investment Advisors Inc. Buys New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Retirement Investment Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,482 shares of the company’s stock, valued at approximately $1,065,000. Invesco S&P 500 Equal Weight ETF makes up 0.1% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 28th largest holding.

Other large investors have also recently bought and sold shares of the company. Fairman Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth $27,000. DHJJ Financial Advisors Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares during the last quarter. Central Bank & Trust Co. bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $36,000. Finally, Silicon Valley Capital Partners bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $41,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

RSP stock opened at $178.09 on Friday. The company has a market cap of $59.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $178.82. The business has a 50 day moving average price of $170.98 and a two-hundred day moving average price of $166.95.

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).