Blue Trust Inc. Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Blue Trust Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 610 shares of the company’s stock after acquiring an additional 173 shares during the period. Blue Trust Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. IFG Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $328,000. Net Worth Advisory Group acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $1,612,000. Precedent Wealth Partners LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $2,891,000. Stratos Investment Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.9% in the third quarter. Stratos Investment Management LLC now owns 156,316 shares of the company’s stock valued at $28,006,000 after purchasing an additional 5,927 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 7.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 63,224 shares of the company’s stock valued at $11,327,000 after purchasing an additional 4,375 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

NYSEARCA RSP opened at $178.58 on Wednesday. The stock has a market capitalization of $59.81 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average is $176.79 and its two-hundred day moving average is $169.51. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.54 and a 12-month high of $182.22.

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).