L. Roy Papp & Associates LLP Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

L. Roy Papp & Associates LLP boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,419 shares of the company’s stock after buying an additional 1,495 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.4% of L. Roy Papp & Associates LLP’s portfolio, making the stock its 20th biggest position. L. Roy Papp & Associates LLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,541,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CPA Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after acquiring an additional 62 shares in the last quarter. Inlet Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after acquiring an additional 63 shares in the last quarter. Everett Harris & Co. CA grew its position in Invesco S&P 500 Equal Weight ETF by 1.4% in the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after acquiring an additional 65 shares in the last quarter. Delta Investment Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after acquiring an additional 65 shares in the last quarter. Finally, America First Investment Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after acquiring an additional 66 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

NYSEARCA RSP traded down $0.85 during trading on Friday, hitting $178.11. The stock had a trading volume of 4,555,176 shares, compared to its average volume of 6,073,535. The company has a market capitalization of $59.66 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a 50 day moving average price of $176.50 and a 200 day moving average price of $169.26. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22.

Invesco S&P 500 Equal Weight ETF Company 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).