Millstone Evans Group LLC Invests $478,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Millstone Evans Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,727 shares of the company’s stock, valued at approximately $478,000.

A number of other large investors also recently modified their holdings of RSP. Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock worth $2,957,000 after buying an additional 197 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $577,000. Commerce Bank lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 85.9% in the 3rd quarter. Commerce Bank now owns 6,243 shares of the company’s stock worth $1,118,000 after buying an additional 2,885 shares during the last quarter. Moors & Cabot Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 83.4% in the 3rd quarter. Moors & Cabot Inc. now owns 6,319 shares of the company’s stock worth $1,132,000 after buying an additional 2,874 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 60.0% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 3,465 shares of the company’s stock worth $621,000 after buying an additional 1,299 shares during the last quarter.

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

RSP stock opened at $173.84 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The firm’s 50-day simple moving average is $178.66 and its 200 day simple moving average is $179.03. The stock has a market cap of $72.42 billion, a PE ratio of 20.93 and a beta of 1.07.

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).