15,402 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by Stillwater Private Wealth LLC

Stillwater Private Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,402 shares of the company’s stock, valued at approximately $2,955,000. Invesco S&P 500 Equal Weight ETF comprises about 2.5% of Stillwater Private Wealth LLC’s portfolio, making the stock its 12th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 49,067 shares of the company’s stock valued at $9,417,000 after purchasing an additional 853 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 10.0% during the 1st quarter. NewEdge Advisors LLC now owns 451,779 shares of the company’s stock worth $86,705,000 after purchasing an additional 40,922 shares during the last quarter. Foguth Wealth Management LLC. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 20.2% during the 1st quarter. Foguth Wealth Management LLC. now owns 4,870 shares of the company’s stock worth $1,017,000 after purchasing an additional 820 shares during the last quarter. Financial Solutions Advisory Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $2,339,000. Finally, Krane Financial Solutions LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $265,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $215.01 on Friday. The firm’s 50-day moving average is $211.72 and its two-hundred day moving average is $203.74. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $218.11. The stock has a market capitalization of $97.26 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.