Invesco S&P 500 Equal Weight ETF $RSP is Operose Advisors LLC’s 7th Largest Position

Operose Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 55,590 shares of the company’s stock after acquiring an additional 5,242 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 2.3% of Operose Advisors LLC’s investment portfolio, making the stock its 7th largest position. Operose Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,829,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Highland Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Brandywine Financial Group lifted its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after buying an additional 121 shares in the last quarter. Hurley Capital LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the last quarter. Finally, Rogco LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $34,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5%

Shares of NYSEARCA:RSP opened at $219.00 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The stock has a market cap of $98.97 billion, a P/E ratio of 20.10 and a beta of 0.91. The business has a fifty day moving average of $217.21 and a two-hundred day moving average of $207.38.

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.