Sollinda Capital Management LLC Purchases 59,783 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sollinda Capital Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 255,637 shares of the company’s stock after buying an additional 59,783 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 12.9% of Sollinda Capital Management LLC’s holdings, making the stock its 2nd biggest position. Sollinda Capital Management LLC owned approximately 0.08% of Invesco S&P 500 Equal Weight ETF worth $45,800,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in RSP. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in 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. Finally, Creekmur Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

Shares of RSP stock traded up $0.11 during trading on Friday, reaching $176.40. The company’s stock had a trading volume of 4,247,007 shares, compared to its average volume of 6,046,174. The business has a fifty day moving average price of $177.03 and a 200-day moving average price of $169.73. The company has a market cap of $59.08 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $137.38 and a one year high of $182.22.

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).