Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Advisor OS LLC

Advisor OS LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 153,575 shares of the company’s stock after acquiring an additional 9,418 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.8% of Advisor OS LLC’s holdings, making the stock its 5th biggest position. Advisor OS LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $671,392,000. JPMorgan Chase & Co. boosted its stake 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 worth $1,201,600,000 after buying an additional 2,328,560 shares during the last quarter. Global Assets Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $284,337,000. Envestnet Portfolio Solutions Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1,276.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after acquiring an additional 703,098 shares during the last quarter. Finally, Westwood Holdings Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 347.9% during the first quarter. Westwood Holdings Group Inc. now owns 871,278 shares of the company’s stock worth $147,568,000 after acquiring an additional 676,761 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP traded down $1.32 during trading hours on Thursday, hitting $172.04. 2,686,289 shares of the company traded hands, compared to its average volume of 6,233,749. The business’s 50-day moving average is $168.81 and its 200-day moving average is $166.03. The stock has a market capitalization of $57.62 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $175.96.

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).