HM Payson & Co. Acquires 72,014 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

HM Payson & Co. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 189.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,995 shares of the company’s stock after purchasing an additional 72,014 shares during the period. HM Payson & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,707,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $28,000. GHP Investment Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. Bristlecone Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.41 during trading on Thursday, hitting $177.78. 386,774 shares of the stock traded hands, compared to its average volume of 6,027,424. The firm has a market cap of $59.55 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $134.50 and a 52-week high of $182.22. The stock’s fifty day simple moving average is $176.90 and its 200 day simple moving average is $169.57.

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).