GM Advisory Group LLC Acquires 152 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GM Advisory Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,160 shares of the company’s stock after acquiring an additional 152 shares during the quarter. GM Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,983,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 48.9% during the first 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 period. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd 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 position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $671,392,000. LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% in 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. Finally, Envestnet Asset Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after acquiring an additional 11,263 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

Invesco S&P 500 Equal Weight ETF stock opened at $178.09 on Friday. The company has a market capitalization of $59.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $178.82. The stock’s 50 day moving average is $170.98 and its 200-day moving average is $166.95.

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).