Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 182,912 shares of the company’s stock after acquiring an additional 3,841 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.6% of Steele Capital Management Inc.’s portfolio, making the stock its 18th largest holding. Steele Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,686,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Van ECK Associates Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the last quarter. Cambridge Financial Group Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Bridge Generations Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Finally, Joseph Group Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.2%

Shares of NYSEARCA RSP opened at $177.35 on Friday. The firm has a market cap of $71.69 billion, a price-to-earnings ratio of 20.59 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 $188.16. The business’s 50 day moving average is $171.68 and its two-hundred day moving average is $175.71.

About Invesco S&P 500 Equal Weight ETF

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).