LPL Financial LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 9.5% in the third quarter, HoldingsChannel.com reports. The fund owned 4,090,639 shares of the company’s stock after buying an additional 354,184 shares during the period. LPL Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $732,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $28,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. Bristlecone Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after acquiring an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $181.79 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $145.49 and a fifty-two week high of $185.79. The stock’s fifty day moving average is $179.24 and its two-hundred day moving average is $171.66. The firm has a market capitalization of $60.89 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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