AFG Fiduciary Services Limited Partnership increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 15.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,544 shares of the company’s stock after purchasing an additional 1,392 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 0.5% of AFG Fiduciary Services Limited Partnership’s investment portfolio, making the stock its 20th largest position. AFG Fiduciary Services Limited Partnership’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,939,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after acquiring an additional 396,957 shares in the last quarter. Invesco Ltd. lifted its stake in Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after buying an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% during the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after purchasing an additional 894,245 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Down 0.2%
Invesco S&P 500 Equal Weight ETF stock opened at $189.21 on Friday. The stock has a 50-day simple moving average of $186.37 and a 200 day simple moving average of $178.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $190.54. The stock has a market capitalization of $75.00 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.
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).
Read More
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- What is a Stock Market Index and How Do You Use Them?
- Coming in Hot: Retail Data Drives Momentum in 3 E-Commerce Stocks
- The How And Why of Investing in Oil Stocks
- MarketBeat Week in Review – 09/15 – 09/19
- How to Capture the Benefits of Dividend Increases
- Tesla: 2 Reasons to Love Musk’s $1B Buy, 1 Reason to Be Bearish
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.