Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Birchcreek Wealth Management LLC

Birchcreek Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,031 shares of the company’s stock after buying an additional 632 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.6% of Birchcreek Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Birchcreek Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,559,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. QRG Capital Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 26.7% during the first quarter. QRG Capital Management Inc. now owns 3,007 shares of the company’s stock worth $509,000 after purchasing an additional 633 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the first quarter. Kingsview Wealth Management LLC now owns 14,029 shares of the company’s stock worth $2,376,000 after purchasing an additional 82 shares during the last quarter. Orion Portfolio Solutions LLC raised its position in Invesco S&P 500 Equal Weight ETF by 14.4% during the first quarter. Orion Portfolio Solutions LLC now owns 39,948 shares of the company’s stock worth $6,766,000 after acquiring an additional 5,038 shares in the last quarter. Twin Tree Management LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth $10,778,000. Finally, First Foundation Advisors raised its position in Invesco S&P 500 Equal Weight ETF by 1.1% during the first quarter. First Foundation Advisors now owns 73,111 shares of the company’s stock worth $12,383,000 after acquiring an additional 826 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded down $0.12 on Friday, hitting $182.12. 299,396 shares of the stock were exchanged, compared to its average volume of 6,074,726. The business’s fifty day moving average is $178.27 and its 200 day moving average is $170.98. Invesco S&P 500 Equal Weight ETF has a 52 week low of $144.35 and a 52 week high of $185.79. The company has a market capitalization of $61.00 billion, a PE ratio of 20.44 and a beta of 0.90.

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).