B. Riley Wealth Advisors Inc. trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,976 shares of the company’s stock after selling 136 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,403,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after acquiring an additional 6,352,369 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $671,392,000. Finally, LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% during the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after acquiring an additional 34,825 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %
NYSEARCA RSP opened at $179.16 on Tuesday. The stock has a market cap of $60.01 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average price is $172.16 and its 200-day moving average price is $167.62. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $179.94.
About Invesco S&P 500 Equal Weight ETF
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).
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- What Does a Stock Split Mean?
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- ETF Screener: Uses and Step-by-Step Guide
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- What is MarketRank™? How to Use it
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.