Soundwatch Capital LLC Invests $1.07 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Soundwatch Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,519 shares of the company’s stock, valued at approximately $1,071,000. Invesco S&P 500 Equal Weight ETF comprises 5.9% of Soundwatch Capital LLC’s portfolio, making the stock its 5th biggest holding.

Several other large investors have also recently made changes to their positions in the stock. Paces Ferry Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.1% in the 2nd quarter. Paces Ferry Wealth Advisors LLC now owns 19,335 shares of the company’s stock worth $3,176,000 after acquiring an additional 768 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 69.6% in the 2nd quarter. Hsbc Holdings PLC now owns 190,213 shares of the company’s stock worth $31,278,000 after acquiring an additional 78,065 shares during the last quarter. Waterloo Capital L.P. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.9% in the 2nd quarter. Waterloo Capital L.P. now owns 100,713 shares of the company’s stock worth $16,545,000 after acquiring an additional 5,631 shares during the last quarter. Blair William & Co. IL increased its stake in Invesco S&P 500 Equal Weight ETF by 18.5% during the 2nd quarter. Blair William & Co. IL now owns 243,114 shares of the company’s stock worth $39,939,000 after buying an additional 37,911 shares during the period. Finally, True Vision MN LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $430,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of RSP opened at $176.21 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $178.40. The firm’s 50 day moving average price is $170.76 and its 200 day moving average price is $166.88. The company has a market cap of $59.02 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).