RIA Advisory Group LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

RIA Advisory Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,602 shares of the company’s stock, valued at approximately $1,004,000.

A number of other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 26.7% in the first quarter. QRG Capital Management Inc. now owns 3,007 shares of the company’s stock valued at $509,000 after purchasing an additional 633 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after acquiring an additional 2,328,560 shares during the last quarter. TIAA Trust National Association increased its holdings in Invesco S&P 500 Equal Weight ETF by 16.8% in the first quarter. TIAA Trust National Association now owns 11,809 shares of the company’s stock valued at $2,000,000 after purchasing an additional 1,698 shares during the period. Patten & Patten Inc. TN increased its holdings in Invesco S&P 500 Equal Weight ETF by 9.4% in the first quarter. Patten & Patten Inc. TN now owns 14,779 shares of the company’s stock valued at $2,503,000 after purchasing an additional 1,274 shares during the period. Finally, Cercano Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $66,214,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7 %

Invesco S&P 500 Equal Weight ETF stock traded down $1.30 during trading hours on Friday, reaching $180.94. 5,450,463 shares of the company’s stock were exchanged, compared to its average volume of 6,097,776. The firm’s 50 day simple moving average is $178.67 and its 200 day simple moving average is $171.18. The firm has a market capitalization of $60.60 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $144.35 and a twelve month high of $185.79.

Invesco S&P 500 Equal Weight ETF Company 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).