Lowe Brockenbrough & Co. Inc. Purchases 7,236 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lowe Brockenbrough & Co. Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 112,906 shares of the company’s stock after purchasing an additional 7,236 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.3% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 16th biggest position. Lowe Brockenbrough & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,228,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Richardson Financial Services Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. DHJJ Financial Advisors Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. Finally, Creekmur Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $176.41 on Friday. The company has a 50 day moving average price of $177.03 and a two-hundred day moving average price of $169.73. The company has a market capitalization of $59.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $137.38 and a 52 week high of $182.22.

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).