Brookstone Capital Management Has $2.66 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Brookstone Capital Management lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 65.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,412 shares of the company’s stock after selling 33,638 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,656,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sheets Smith Wealth Management lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.9% during the third quarter. Sheets Smith Wealth Management now owns 22,557 shares of the company’s stock worth $3,380,000 after buying an additional 2,030 shares in the last quarter. MJP Associates Inc. ADV lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the third quarter. MJP Associates Inc. ADV now owns 348,417 shares of the company’s stock worth $52,200,000 after buying an additional 6,049 shares in the last quarter. Townsend Asset Management Corp NC ADV lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.9% during the third quarter. Townsend Asset Management Corp NC ADV now owns 8,011 shares of the company’s stock worth $1,200,000 after buying an additional 789 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.3% during the second quarter. Blair William & Co. IL now owns 94,375 shares of the company’s stock worth $14,225,000 after buying an additional 13,924 shares in the last quarter. Finally, Carnegie Capital Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.0% during the third quarter. Carnegie Capital Asset Management LLC now owns 28,824 shares of the company’s stock worth $4,323,000 after buying an additional 1,633 shares in the last quarter.

RSP stock opened at $162.28 on Tuesday. The business has a 50-day simple moving average of $158.90 and a 200 day simple moving average of $154.87. Invesco S&P 500 Equal Weight ETF has a 52 week low of $124.62 and a 52 week high of $162.80.

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).

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