Focus Partners Advisor Solutions LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 77.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,241 shares of the company’s stock after purchasing an additional 26,203 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,948,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in RSP. Realta Investment Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after buying an additional 55 shares in the last quarter. Battery Global Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after acquiring an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after acquiring an additional 61 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares during the period. Finally, Ehrlich Financial Group increased its position in Invesco S&P 500 Equal Weight ETF by 1.4% during the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after purchasing an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP stock opened at $191.26 on Friday. The company has a market capitalization of $73.85 billion, a PE ratio of 20.10 and a beta of 1.05. The firm’s 50-day moving average is $188.66 and its two-hundred day moving average is $181.13. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30.
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).
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