Mather Group LLC. Purchases 6,925 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mather Group LLC. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 253.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,659 shares of the company’s stock after acquiring an additional 6,925 shares during the period. Mather Group LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,636,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after buying an additional 2,328,560 shares in the last quarter. UBS Group AG boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock worth $953,030,000 after buying an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $860,010,000. Balyasny Asset Management L.P. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $671,392,000. Finally, Cresset Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.0% in the 4th quarter. Cresset Asset Management LLC now owns 2,879,877 shares of the company’s stock valued at $454,445,000 after purchasing an additional 188,443 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded up $1.67 during trading on Tuesday, hitting $164.50. 8,753,347 shares of the company’s stock traded hands, compared to its average volume of 6,374,448. The stock has a fifty day moving average of $166.07 and a two-hundred day moving average of $164.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $173.08. The firm has a market cap of $55.10 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).