Strategic Wealth Partners Ltd. Has $10.71 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Strategic Wealth Partners Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,752 shares of the company’s stock after purchasing an additional 2,934 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.0% of Strategic Wealth Partners Ltd.’s holdings, making the stock its 21st biggest position. Strategic Wealth Partners Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,705,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 buying an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of 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 in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after buying an additional 34,825 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of 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 buying an additional 11,263 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $177.60 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $179.94. The stock has a market capitalization of $59.49 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average is $173.07 and its 200 day moving average is $168.05.

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).