Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Laurel Wealth Advisors Inc.

Laurel Wealth Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 12,099 shares of the company’s stock after purchasing an additional 2,531 shares during the quarter. Laurel Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,304,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Dana Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.7% during the 2nd quarter. Dana Investment Advisors Inc. now owns 17,954 shares of the company’s stock worth $1,935,000 after buying an additional 117 shares during the last quarter. ETRADE Capital Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. ETRADE Capital Management LLC now owns 582,307 shares of the company’s stock valued at $62,773,000 after acquiring an additional 2,410 shares during the period. HighTower Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the 2nd quarter. HighTower Advisors LLC now owns 1,172,967 shares of the company’s stock valued at $126,432,000 after acquiring an additional 18,224 shares during the period. FCA Corp TX increased its position in Invesco S&P 500 Equal Weight ETF by 3.5% in the 2nd quarter. FCA Corp TX now owns 37,958 shares of the company’s stock valued at $4,092,000 after acquiring an additional 1,288 shares during the period. Finally, Captrust Financial Advisors increased its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Captrust Financial Advisors now owns 26,851 shares of the company’s stock valued at $2,895,000 after acquiring an additional 118 shares during the period.

RSP traded up $0.47 during trading hours on Friday, hitting $110.14. The company’s stock had a trading volume of 1,751 shares, compared to its average volume of 756,361. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $85.76 and a fifty-two week high of $110.24. The company has a 50-day simple moving average of $105.97 and a 200 day simple moving average of $105.89.

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).

Further Reading: Outstanding Shares and The Effect on Share Price

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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