Compound Planning Inc. Grows Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Compound Planning Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,047 shares of the company’s stock after acquiring an additional 3,697 shares during the period. Compound Planning Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,285,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of RSP. Insight Advisors LLC PA increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 3rd quarter. Insight Advisors LLC PA now owns 6,586 shares of the company’s stock valued at $1,251,000 after purchasing an additional 289 shares in the last quarter. Cvfg LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the third quarter. Cvfg LLC now owns 23,340 shares of the company’s stock worth $4,428,000 after purchasing an additional 109 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 34.7% in the third quarter. EverSource Wealth Advisors LLC now owns 8,401 shares of the company’s stock valued at $1,594,000 after purchasing an additional 2,163 shares during the period. Cornerstone Capital Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $237,000. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 49.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 931 shares of the company’s stock valued at $177,000 after buying an additional 307 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $203.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The company has a market cap of $84.37 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The stock has a 50 day simple moving average of $198.00 and a 200-day simple moving average of $191.97.

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.