Monte Financial Group LLC Acquires 136 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Monte Financial Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,405 shares of the company’s stock after acquiring an additional 136 shares during the quarter. Monte Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $968,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in RSP. Fairman Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $27,000. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. DHJJ Financial Advisors Ltd. grew its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the period. Finally, Central Bank & Trust Co. bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $36,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $178.92 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22. The company has a market cap of $59.93 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average price is $176.18 and its 200-day moving average price is $169.10.

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).