Connable Office Inc. Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Connable Office Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 132,818 shares of the company’s stock after buying an additional 20,971 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 2.4% of Connable Office Inc.’s portfolio, making the stock its 9th largest position. Connable Office Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,796,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. QRG Capital Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 26.7% in the 1st quarter. QRG Capital Management Inc. now owns 3,007 shares of the company’s stock worth $509,000 after purchasing an additional 633 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the first quarter. Kingsview Wealth Management LLC now owns 14,029 shares of the company’s stock valued at $2,376,000 after purchasing an additional 82 shares in the last quarter. Orion Portfolio Solutions LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.4% in the 1st quarter. Orion Portfolio Solutions LLC now owns 39,948 shares of the company’s stock valued at $6,766,000 after purchasing an additional 5,038 shares during the last quarter. Twin Tree Management LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $10,778,000. Finally, First Foundation Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.1% during the 1st quarter. First Foundation Advisors now owns 73,111 shares of the company’s stock valued at $12,383,000 after purchasing an additional 826 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8 %

Invesco S&P 500 Equal Weight ETF stock opened at $182.24 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $144.35 and a twelve month high of $185.79. The company’s 50-day moving average price is $178.27 and its two-hundred day moving average price is $170.98. The stock has a market cap of $61.04 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).