Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Chesapeake Wealth Management

Chesapeake Wealth Management increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,732 shares of the company’s stock after buying an additional 183 shares during the period. Chesapeake Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the period. Balyasny Asset Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $671,392,000. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after buying an additional 34,825 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after acquiring an additional 11,263 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $177.44 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $178.82. The firm’s fifty day moving average price is $171.16 and its 200 day moving average price is $167.05. The company has a market capitalization of $59.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).