FSA Investment Group LLC Acquires 16,857 Shares of Invesco S&P 500 Equal Weight ETF $RSP

FSA Investment Group LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 180,128 shares of the company’s stock after buying an additional 16,857 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 21.3% of FSA Investment Group LLC’s investment portfolio, making the stock its 2nd biggest position. FSA Investment Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $34,248,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in RSP. Realta Investment Advisors increased its position in shares of Invesco S&P 500 Equal Weight ETF by 15.5% in the second quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after purchasing an additional 55 shares during the period. Fusion Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.2% during the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after buying an additional 56 shares in the last quarter. Burns J W & Co. Inc. NY increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares during the period. Melfa Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after buying an additional 57 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after acquiring an additional 64 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5%

NYSEARCA RSP opened at $196.08 on Wednesday. The firm’s 50 day simple moving average is $192.32 and its 200 day simple moving average is $189.06. The firm has a market capitalization of $78.98 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $200.10.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.