Mission Wealth Management LP Acquires New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Mission Wealth Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,965 shares of the company’s stock, valued at approximately $539,000.

A number of other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after acquiring an additional 396,957 shares in the last quarter. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 20.5% in the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after buying an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after buying an additional 1,069,297 shares during the period. 61.18% of the stock is owned by institutional investors.

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

Shares of NYSEARCA RSP opened at $186.23 on Wednesday. The business’s 50 day moving average is $188.85 and its two-hundred day moving average is $182.85. The company has a market cap of $72.03 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.33.

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).