CRA Financial Services LLC Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

CRA Financial Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 12.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,085 shares of the company’s stock after buying an additional 2,217 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 0.8% of CRA Financial Services LLC’s holdings, making the stock its 27th largest position. CRA Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,846,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 42.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 225 shares of the company’s stock valued at $34,000 after buying an additional 67 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,672 shares of the company’s stock worth $1,104,000 after purchasing an additional 70 shares during the period. Chemistry Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Chemistry Wealth Management LLC now owns 5,173 shares of the company’s stock worth $774,000 after purchasing an additional 71 shares during the period. Tsfg LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the 2nd quarter. Tsfg LLC now owns 9,111 shares of the company’s stock worth $1,363,000 after purchasing an additional 75 shares during the period. Finally, First National Bank Sioux Falls lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. First National Bank Sioux Falls now owns 17,164 shares of the company’s stock worth $2,568,000 after purchasing an additional 75 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $154.55 on Thursday. The company has a 50 day moving average price of $144.62 and a 200-day moving average price of $146.83. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $158.25. The stock has a market capitalization of $43.69 billion, a PE ratio of 16.13 and a beta of 1.05.

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).

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