Garden State Investment Advisory Services LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Garden State Investment Advisory Services LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,702 shares of the company’s stock after acquiring an additional 973 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 2.9% of Garden State Investment Advisory Services LLC’s portfolio, making the stock its 7th largest holding. Garden State Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,357,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Fairman Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $27,000. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC grew its holdings 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 worth $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $36,000. Finally, Silicon Valley Capital Partners purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $41,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

Shares of NYSEARCA:RSP opened at $177.44 on Friday. The business’s 50 day moving average is $171.16 and its 200 day moving average is $167.05. The stock has a market cap of $59.43 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $178.82.

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).