GeoWealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 345.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,326 shares of the company’s stock after buying an additional 5,683 shares during the quarter. GeoWealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,097,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in RSP. Gateway Advisory LLC raised its position in Invesco S&P 500 Equal Weight ETF by 9,007.8% in the first quarter. Gateway Advisory LLC now owns 13,837,665 shares of the company’s stock worth $13,838,000 after acquiring an additional 13,685,733 shares during the period. Moneta Group Investment Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after purchasing an additional 7,948,942 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $1,070,525,000. Bank of New York Mellon Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 368.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,187,007 shares of the company’s stock worth $327,264,000 after purchasing an additional 1,720,109 shares during the period. Finally, Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 11.1% during the fourth quarter. Morgan Stanley now owns 14,772,231 shares of the company’s stock valued at $2,086,578,000 after purchasing an additional 1,474,149 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Up 0.4 %
Shares of RSP opened at $146.07 on Tuesday. The business has a 50-day simple moving average of $141.24 and a two-hundred day simple moving average of $145.48. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $155.77. The stock has a market cap 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 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).
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