Signal Advisors Wealth LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

by · The Cerbat Gem

Signal Advisors Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 26.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 72,616 shares of the company’s stock after acquiring an additional 15,190 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.2% of Signal Advisors Wealth LLC’s investment portfolio, making the stock its 14th biggest holding. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,775,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the second quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after buying an additional 37,119 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after acquiring an additional 872 shares in the last quarter. Gilbert Capital Group Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $1,771,000. Quantbot Technologies LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $3,391,000. Finally, Corient Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 303.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after acquiring an additional 763,825 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $192.88 on Friday. The stock has a market capitalization of $74.61 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.46. The company’s 50-day simple moving average is $189.36 and its 200-day simple moving average is $186.54.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.

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