Curbstone Financial Management Corp Raises Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Curbstone Financial Management Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,917 shares of the company’s stock after acquiring an additional 3,040 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.3% of Curbstone Financial Management Corp’s holdings, making the stock its 19th biggest position. Curbstone Financial Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RSP. Cedar Brook Financial Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 21.4% during the 2nd quarter. Cedar Brook Financial Partners LLC now owns 1,820 shares of the company’s stock worth $272,000 after buying an additional 321 shares during the last quarter. Advance Capital Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $19,212,000. Gries Financial LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $235,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. Finally, EP Wealth Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $338,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

Shares of NYSEARCA RSP traded up $1.03 during midday trading on Thursday, reaching $148.14. The company had a trading volume of 833,870 shares, compared to its average volume of 4,232,714. Invesco S&P 500 Equal Weight ETF has a 1 year low of $124.92 and a 1 year high of $155.77. The business’s 50-day simple moving average is $150.63 and its 200 day simple moving average is $146.20. The stock has a market cap of $41.88 billion, a P/E ratio of 16.13 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Company 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).