Topsail Wealth Management LLC Buys 75 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Topsail Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,471 shares of the company’s stock after purchasing an additional 75 shares during the quarter. Topsail Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,358,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Total Clarity Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 25.4% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after buying an additional 872 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. increased its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after buying an additional 1,320 shares in the last quarter. Almanack Investment Partners LLC. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $1,545,000. GAMMA Investing LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after buying an additional 492 shares in the last quarter. Finally, Biltmore Family Office LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 20.7% in the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after buying an additional 11,477 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $191.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.30. The firm has a market capitalization of $73.85 billion, a PE ratio of 20.10 and a beta of 1.05. The stock has a fifty day simple moving average of $188.66 and a two-hundred day simple moving average of $181.32.

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).