Muirfield Wealth Advisors LLC Buys 3,178 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Muirfield Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 77,971 shares of the company’s stock after acquiring an additional 3,178 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 12.0% of Muirfield Wealth Advisors LLC’s portfolio, making the stock its biggest holding. Muirfield Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,809,000 as of its most recent SEC filing.

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

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded up $0.35 during trading on Friday, reaching $166.65. 3,650,032 shares of the stock were exchanged, compared to its average volume of 6,355,480. The business’s 50 day moving average price is $166.15 and its two-hundred day moving average price is $164.26. The company has a market capitalization of $55.82 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $173.08.

Invesco S&P 500 Equal Weight ETF 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).