Saxon Interests Inc. Purchases 276 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Saxon Interests Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,096 shares of the company’s stock after purchasing an additional 276 shares during the period. Saxon Interests Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Salem Investment Counselors Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $26,000. Bristlecone Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $28,000. Bangor Savings Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $28,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $29,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP traded down $0.76 during mid-day trading on Tuesday, reaching $145.83. 2,070,360 shares of the stock were exchanged, compared to its average volume of 4,222,265. 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 moving average is $150.63 and its 200-day moving average is $146.22. The company has a market capitalization of $41.22 billion, a P/E ratio of 16.13 and a beta of 1.05.

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).