Rosenberg Matthew Hamilton Buys 2,594 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rosenberg Matthew Hamilton lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 173.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,089 shares of the company’s stock after acquiring an additional 2,594 shares during the period. Rosenberg Matthew Hamilton’s holdings in Invesco S&P 500 Equal Weight ETF were worth $733,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after acquiring an additional 18,390,083 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after acquiring an additional 6,352,369 shares during the period. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.9% during the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after purchasing an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after purchasing an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7 %

RSP stock traded down $1.33 during trading on Thursday, hitting $176.86. The company had a trading volume of 2,004,796 shares, compared to its average volume of 6,035,092. The company has a market cap of $59.24 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average price of $176.90 and a two-hundred day moving average price of $169.57. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $134.50 and a fifty-two week high of $182.22.

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).