1,366 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Bought by Hubbell Strickland Wealth Management LLC

Hubbell Strickland Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,366 shares of the company’s stock, valued at approximately $204,000.

Other large investors have also modified their holdings of the company. Covenant Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd quarter. Covenant Asset Management LLC now owns 2,393 shares of the company’s stock worth $358,000 after purchasing an additional 117 shares during the last quarter. Patton Fund Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 4.8% in the second quarter. Patton Fund Management Inc. now owns 140,633 shares of the company’s stock worth $21,044,000 after purchasing an additional 6,426 shares during the period. Beacon Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 11.2% in the second quarter. Beacon Capital Management LLC now owns 4,842 shares of the company’s stock worth $725,000 after purchasing an additional 487 shares during the period. Matthew Goff Investment Advisor LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 16.7% in the second quarter. Matthew Goff Investment Advisor LLC now owns 100,999 shares of the company’s stock worth $15,106,000 after purchasing an additional 14,417 shares during the period. Finally, Pacific Sun Financial Corp bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $348,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

RSP stock traded down $0.51 during midday trading on Tuesday, hitting $146.08. The stock had a trading volume of 760,459 shares, compared to its average volume of 4,214,836. The firm has a market capitalization of $41.29 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $124.92 and a 52 week high of $155.77. The stock has a 50-day simple moving average of $150.63 and a 200 day simple moving average of $146.22.

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).